The Nigerian National Petroleum Company Limited (NNPCL) has firmly dismissed claims that it has ceased the importation of refined petroleum products, calling recent reports a “misrepresentation and misinterpretation of facts.” The reports, which circulated widely online on Tuesday, suggested that NNPCL’s Group Chief Executive Officer, Mele Kyari, had announced an end to fuel importation, citing … Read more
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has declared its readiness to buy petrol from Dangote Refinery, regardless of the price set by the organization. EDITOR’S PICKS Police Arrest Man For Allegedly Killing Neighbour’s 4-Year-Old Daughter Misinformation Grinds Down Trust Between Govt, People -Minister UEFA To Honour Ronaldo For Record-Breaking Champions League Career EKO … Read more
Eko Hot Blog reports that Petrol marketers have raised concerns about the process followed by President Bola Tinubu in the removal of subsidies on petrol, asserting that essential measures that should have preceded the removal were overlooked. They argued that the nation’s refineries should have been fully operational, and issues related to foreign exchange should … Read more