FG has scrapped DPR, PPPRA, PEF sacked their CEOs and has inaugurated new agencies. EKOHOTBLOG reports that the Federal Government on Monday officially announced the scrapping of the Department of Petroleum (DPR), the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalization Fund (PEF). The development was disclosed by the Minister of State for … Read more
The Federal Government through the Petroleum Products Pricing Regulatory Agency has announced a new retail price for oil marketers for the month of July amid COVID19 in Nigeria. Ekohotblog understands that the development was made in a circular dated July 1st, where the downstream regulator said oil marketers are now expected to sell petrol within … Read more
The Petroleum Products Pricing Regulatory Agency, PPPRA, has stated it’s positioned on petrol price control. According to the agency, if the likes of the Central Bank of Nigeria (CBN) can regulate all banks, financials sectors under its supervision, and as well the Nigerian Communications Commission, NCC, could regulate the telecommunications, it shouldn’t be a problem … Read more
Federal Government has announced a reduction of the pump price of the Premium Motor Spirit (PMS) otherwise know as fuel to N123.50 per litre. According to the Petroleum Products Pricing Regulatory Agency (PPPRA), Executive Secretary, Mr. Abdulkadir Saidu, the new price takes effect from today, April 1, 2020. In a statement in Abuja on Tuesday … Read more