Fuel Scarcity Hits Some Parts of Lagos as Anxiety and Confusion Mounts

Fuel Scarcity

Fuel Scarcity Hits Some Parts of Lagos as Anxiety and Confusion Mounts EKO HOT BLOG reports that fuel scarcity appears to have hit some parts of Lagos as long queues are showing up at filling stations in the state, especially the island axis. There were unusual long queues of vehicles at various filling stations in … Read more

Buhari Administration “Govt Of Liars, For Liars & By Liars” – PDP

PDP

The opposition party also challenged the APC to publish the names and details of those it claimed to be sponsors of terrorism…  EKO HOT BLOG reports that the Peoples Democratic Party (PDP) has described the President Muhammadu Buhari-led All Progressives Congress (APC) administration as a government of liars, for the liars and by the liars. … Read more

PDP Tackles FG Over NNPC ₦3trn Fuel Subsidy Request

PDP

…the PDP already has information of how corrupt APC leaders pushed for the additional ₦2.557 trillion to…  EKO HOT BLOG reports that the Peoples Democratic Party (PDP) has demanded a full disclosure of specifics of the subsidy templates including details of the cost of importation of petroleum products into the country to warrant the additional … Read more

NNPC Secures $5bn Funding From Afreximbank For Nigeria’s Oil Industry

Why We Are Creating Retail Outlets In Niger Republic – NNPC

NNPC has secured $5bn Funding from Afreximbank for Nigeria’s Oil Industry. Eko Hot Blog reports that the Nigerian National Petroleum Company Ltd has secured a $5bn corporate finance commitment from the African Export-Import Bank to fund major investments in Nigeria’s upstream sector. The funding commitment is a fallout of the meeting between the Chairman of the Board … Read more

NNPC Has Requested ₦3trn As Fuel Subsidy For 2022 – Finance Minister

Fuel

…the Federal Government will have to make an incremental provision of ₦2.557 trillion in order to meet subsidy requirements…  EKO HOT BLOG reports that the Nigerian National Petroleum Corporation (NNPC) has requested the sum of three trillion naira (₦3,000,000,000,000) as fuel subsidy for 2022. Minister of Finance, Budget, and National Planning, Zainab Ahmed, disclosed this … Read more

NNPC Reacts As Fuel Scarcity Hits Abuja

NNPC has reacted as fuel scarcity hit Abuja. EKO HOT BLOG reports that the Nigerian National Petroleum Corporation (NNPC) has reacted to the ongoing scarcity of fuel in Abuja. Residents of Abuja are currently struggling to purchase fuel at different filling stations in the nation’s capital. Read Also: Court Stops ICPC From Freezing Bank Account Without … Read more

Pump Price Of Fuel May Rise In Coming Weeks – Report

Fuel Scarcity

Petrol price currently sells between ₦162 and ₦165 per litre EKO HOT BLOG reports that the National Economic Council (NEC) has recommended an increase in the price of fuel, according to TheCable. Fuel currently sells between ₦162 and ₦165 per litre in the country. In a report, the online newspaper said NEC, chaired by Vice-President … Read more

President Buhari Demands Transparency and Accountability As New NNPC Board Visit him 

President Buhari Demands Transparency and Accountability As New NNPC Board Visit him    Ekohotblog, report that President Muhammadu Buhari Friday in Abuja urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance principles that place premium on doing business with the highest ethical standards, integrity, … Read more

BREAKING: See Full List As Buhari Makes New Appointments In NNPC

Buhari has made new appointments in NNPC. EKO HOT BLOG reports that President Muhammadu Buhari has appointed the Board and Management of the Nigerian National Petroleum Company Limited, A statement by Femi Adesina, Special Adviser to the President on Media and Publicity on Wednesday, Buhari said the appointments is in accordance with the power vested … Read more

Pipeline Explosion In Lagos Will Not Truncate Supply, NNPC Assures Nigerians

NNPC

Kyari said NNPC officials were working with the Lagos State Government and other relevant authorities to permanently put off the fire EKO HOT BLOG reports that the Nigerian National Petroleum Company (NNPC) Ltd. has said Friday’s pipeline fire in Iyana-Odo/Baruwa axis of Lagos State will not disrupt the supply of petroleum products across the country. … Read more

NNPC Alerts Nigerians, Speaks On Recruitment Exercise

  NNPC has alerted Nigerians and spoken on recruitment exercise. EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPC) has alerted Nigerians that the NNPC is presently not doing any recruitment exercise. The NNPC also debunked claims of organising an anniversary contest. This was revealed in a statement on Tuesday by the … Read more

NNPC Speaks On Increment Of Petrol Price

Diesel

NNPC has spoken about the increment of petrol price in the country.   EKOHOTBLOG reports that the Nigerian National Petroleum Corporation (NNPC) has ruled out any hike in the pump price of Premium Motor Spirit (PMS), popularly known as petrol. It, however, admitted that there are pricing issues at some petrol depots in the country. An … Read more

Petrol Price Increased To N157 Per Litre

Fuel Scarcity

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

BREAKING: Gov. Sanwo-Olu, Adesina, Kyari Bag Zik Prize In Leadership Award (Full List)

Opebi-Ojota Link Bridges

The winners of the award were announced by political economist, Prof Pat Utomi, on Thursday. EKOHOTBLOG reports that the Governor of Lagos State, Babajide Sanwo-Olu; President of the African Development Bank Group (AfDB), Akinwunmi Adesina; former Secretary to the Government of the Federation, Anyim Pius Anyim, and Group Managing Director of the Nigerian National Petroleum … Read more

BREAKING: President Buhari Writes Senate Over PIA

Senate

Buhari further insisted that the affected Ministers can continue to perform their functions without necessarily being members of the board of NNPC Limited. EKOHOTBLOG reports that President Muhammadu Buhari has written a letter to the Senate to seek an amendment to the recently enacted Petroleum Industry Act (PIA). This was made known by the Senate … Read more

Buhari Orders Incorporation Of NNPC As Limited Liability

Buhari

President Muhammadu Buhari has directed the incorporation of the Nigerian National Petroleum Company, NNPC, into a company. Buhari gave the directive to NNPC Group Managing Director of the NNPC, Mele Kyari. His spokesman, Femi Adesina, disclosed the president’s directive in a statement he issued on Sunday, EkoHotBlog reports. The presidential spokesman explained that Buhari’s action … Read more

BREAKING: Panic As Fuel Spills From Vandalised Pipeline In Lagos

LASEMA, BREAKING: Panic As Fuel Spills From Vandalised Pipeline In Lagos

He further noted that emergency responders at the incident scene include LASEMA, Lagos State Fire Service.” EKOHOTBLOG reports that there was pandemonium around the Igando-Ikotun axis of Lagos State in the early hours of Friday as a large volume of petrol gushed out of vandalised pipeline onto the street. The incident occurred at Omoboriowo Street, … Read more

When Nigeria Will Stop Importing Petrol – NNPC Boss

Petrol

While responding to questions on the Dangote Refinery, the NNPC chief justified the Federal government’s equity share in the plant Nigeria will stop the importation of Premium Motor Spirit (PMS), popularly known as petrol, when the Petroleum Industry Act (PIA) comes into full effect, and when the Dangote Refinery kicks off operations. The Group Managing … Read more