The Bola Ahmed Tinubu-led administration convened with the leaders of the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) on Wednesday. The meeting, held at the Presidential Villa, primarily focused on the nation’s current status, with particular emphasis on petrol pricing. EDITOR’S PICKS ICYMI: Nigerian TikToker, Oloba Salo Reportedly Shot in Lekki, … Read more
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that the full deregulation of petrol pricing and the withdrawal of NNPC Limited as the sole off-taker from the Dangote Refinery grant marketers the freedom to source petrol from various suppliers, including imports. This statement follows NNPC’s recent increase of petrol prices by 15%, bringing … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has given major petroleum marketers the green light to start lifting premium motor spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery. This decision aligns with the existing agreement between NNPCL and the refinery. Under the original agreement, NNPCL was designated as the exclusive distributor of … Read more
Vice President Kashim Shettima on Thursday held a meeting with the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and the National Security Adviser (NSA), Nuhu Ribadu, to discuss the recent hike in petrol prices in Nigeria. The meeting, which took … Read more