Ogun State, Nigeria, World News & Stories
6 posts.
The Nigerian National Petroleum Company Limited (NNPCL) on Thursday reduced the pump price of Premium Motor Spirit (PMS) for the second time in less than a week. A DAILY POST correspondent who monitored NNPCL retail outlets in Abuja confirmed that the state-owned oil company has adjusted the price from N930 to N920 per litre, reflecting…
The Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, has refuted the circulating allegations suggesting that the federal government might be subsidizing fuel imports to stabilize prices amidst fluctuations in foreign exchange rates. During his meeting with President Bola Tinubu at the Presidential Villa, Kyari maintained that market dynamics, driven…
The Nigerian National Petroleum Company Limited (NNPCL) has issued a statement firmly stating that there are no immediate plans to raise the prices of Premium Motor Spirit (commonly known as petrol) in the country. Amidst recent speculation and concerns about possible price increases, the management of NNPCL sought to reassure the public regarding the cost…
With PMS(Petrol) consumption at 99%, FX challenges may continue Dangote Refinery and other modular refineries in Nigeria are changing their production focus away from premium motor spirit (PMS) due to the reintroduction of fuel subsidies in President Bola Tinubu’s administration, The Guardian has reported. Dangote Refinery, a major player in the industry, is gearing up…
The Nigerian National Petroleum Company Limited (NNPCL) has NNPCL faults sale of Agip of Oil Mining Licenses 60, 61, 62, and 63 to Oando Oil Limited by the Nigerian Agip Oil Company. In a letter signed by Ali Zarah, the Managing Director of NNPC Exploration and Production Limited, dated September 4, 2023, and addressed to…
For millions of Nigerians looking for jobs, there is a ray of hope as the Nigerian National Petroleum Corporation (NNPC) is set to create one million jobs for them. To this end, the company has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65,000 million liters bio-fuel plant in…
