Disagreements emerged among National Assembly members on Monday over President Bola Tinubu’s requests for foreign loans, despite significant revenue surpluses reported by federal agencies for the 2024 fiscal year. The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, revealed during an interactive session with the National Assembly’s joint Committees on Finance, Budget, and … Read more
Nigerians are again enduring the anguish of scarcity of petroleum products, especially the Premium Motor Spirit (PMS) popularly known as petrol which is most commonly used by motorists as well as business owners, and consequently the infiltration of adulterated fuel in the black Market. Unending queues have formed at filling stations across the nation over … Read more
Petrol price has been increased to N157 per litre. EKOHOTBLOG reports that the price of Premium Motor Spirit (PMS), fondly known as petrol, has been increased by Private Depots from N148 per litre to N157 per litre across Nigeria. The latest development, this online news platform understands may lead to petrol shortage in the country. An … Read more
The Nigerian National Petroleum Corporation (NNPC) has announced a laudable 34% increase in trading surplus in its monthly operational and financial report for December 2019. The details of the report were explained in a statement signed and released by the corporation’s Group General Manager, Group Public Affairs Division, Dr Kennie Obateru. In the report, the … Read more
The Nigerian National Petroleum Corporation (NNPC), says it is taking measures to address the menace of pipeline vandalism and crude oil theft in the nation’s Oil and Gas industry. The Group Managing. Director, Malam Mele Kyari disclosed this at the inaugural Nigeria Extractive Industries Transparency Initiative (NEITI) Policy Dialogue in Abuja on Tuesday. He said … Read more