FG Increases Gas To Power Price To $2.42/MMBTU. Announcement made by CEO Engr. Farouk Ahmed. Increase aims to reflect market changes and ensure sector sustainability. EKO HOT BLOG reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has changed the price of gas to power from $2.18MMBTU to $2.42MMBTU. EDITOR’S PICKS BREAKING: FG Declares … Read more
Eko Hot Blog reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled four new regulations that would amongst other things guide the operations of the midstream and downstream environmental remediation fund. NMDPRA announced the development in a statement signed by its General Manager, Corporate Communications and Stakeholders, Mr. Kimchi Apollo, on … Read more
EKO HOT BLOG reports that after a review with the Adviser to President Bola Tinubu on Energy, Olu Verheijen, the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) will release the new gas pricing template today. The Authority Chief Executive Officer Engr. Farouk Ahmed broke the news at the launch of the headquarters of “Decade of … Read more
Eight filling stations have been sealed for allegedly selling above regulated prices in Osun. EKO HOT BLOG reports that the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has sealed eight filling stations in Osun State for allegedly selling Premium Motor Spirit, PMS, above the government-approved pump price. The NMDPRA coordinator in the state, Mr … Read more
The federal government has denied plans to hike the fuel price amid a nationwide scarcity. Eko Hot Blog reports that the federal government of Nigeria says it has no intention of increasing the price of Premium Motor Spirit (PMS), popularly called petrol, at this time. EDITOR’S PICKS Buckingham Palace Official Resigns After Racist Comments To … Read more
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will consider a request for fuel supply to fishermen in the Bakassi local government area of Cross River. Eko Hot Blog reports that George Ene-Ita, the regional coordinator of NMDPRA, South-South, said this when the chairman of Bakassi, Iyadim Iyadim, led a delegation of fishermen … Read more
Kyari stated that the government cannot afford the payment of subsidies on diesel The lawmakers had summoned stakeholders in the oil and gas sector, including NNPC and NMDPRA to an investigative hearing EDITOR’S PICK Ohanaeze Reveals Why Nnamdi Kanu Was Denied Bail Drama As PDP Gives Ex-President Obasanjo 48hrs To Clarify Atiku’s ‘Regret’ Remarks Tinubu … Read more
Contrary to the belief that there is fuel scarcity, the PENGASSAN boss said that there’s at least 2 billion litres in stock He highlighted the issue of ‘bridging funds’ between the NMDPRA and truck drivers EDITOR’S PICK: 2023: Things To Know As APC Presidential Primary Begins Today (FULL UPDATE) Adamu Behind Plot To Make Lawan … Read more
News Agency of Nigeria said fuel supply improves in some retail outlets it monitored on Friday in the state were opened and dispensing fuel. EKO HOT BLOG reports that the availability of Premium Motor Spirit (PMS), also known as petrol, is improving in Lagos State, after days of scarcity of the product. Some petroleum products … Read more
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says that a limited quantity of Premium Motor Spirit (PMS), known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain. NMDPRA said to ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from … Read more
…the NNPC was also not aware of any plan by government to cause an increase in the pump price of petroleum. EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPC) has asked Nigerians not to panic over fuel scarcity as there are over 1.7 billion litres of petrol in stock. In the … Read more