PMS cost may drop further as crude prices fall
The price of Premium Motor Spirit (petrol) may be on a downward slope if the crude oil prices continue to slip.
This will also be...
Reps C’ttee Gives Oil Companies 72-Hour Ultimatum Over Debt Inquiry
The House of Representatives Public Accounts Committee (PAC) has expressed frustration over the refusal of several oil companies to honor its invitation to explain...
FG, NNPCL work out N7.7tn fuel subsidy debt payment
The Federal Government’s indebtedness to the Nigerian National Petroleum Company Limited as exchange rate differential (subsidy) for the importation of Premium Motor Spirit (petrol)...
Dangote suffer ₦16bn PMS Loss, To Refund ₦65/litre To Marketers
Dangote Petroleum Refinery & Petrochemicals has said it would absorb N16bn loss by refunding N65/litre to marketers so Nigerians will benefit from cheaper fuel.
In...
NIES 2025: Tinubu Declares Own Reform In Oil Sector Paying Off
President Ahmed Bola Tinubu has declared that the reforms in the energy sector are paying off with operationalization of local refining, landmark projects like...
