19 Dec 2019
The House of Representatives yesterday ordered the immediate probe of the Petroleum Products Pricing and Regulatory Agency (PPPRA) for allegedly refusing to remit N1.343 trillion...
17 Dec 2019
Though the nation’s subsidy on petrol may be around N417 billion in 2020, according to current data obtained yesterday from the Petroleum Products Pricing Regulatory Agency (PPPRA)
22 Sep 2019
Over 10 million litres of Premium Motor Spirit (PMS), better known as petrol is now being saved due to the ongoing partial border closure ordered by the Federal Government codenamed “Exercise Swift Response.”
16 Sep 2019
Approximately 78,000 metric tonnes of Liquefied Petroleum Gas (popularly called cooking gas) are consumed in the country, the Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed.
13 Sep 2019
The Petroleum Products Pricing Regulatory Agency (PPPRA) has boosted the efficiency of the Nigeria Police Force (NPF), Nigeria Security and Civil Defence Corps (NSCDC) and the Prison Service with operational vehicles.
9 Sep 2019
Nigeria currently has eighty-three million, eight hundred and ninety-eight thousand, five hundred and eleven litres of Aviation Turbine Kerosene (ATK), generally called ‘aviation fuel’, the Petroleum...
15 Apr 2019
Finance Minister Zainab Ahmed yesterday reiterated government’s resolve not to remove fuel subsidy.
31 Mar 2019
The Nigerian National Petroleum Corporation (NNPC), yesterday warned depot owners and terminal operators not to sell Premium Motor Spirit (PMS) above N133.28k...
16 Jan 2019
James Shindi is the Chief Executive of Brevity Anderson, organisers of the annual Nigeria Petroleum International Summit (NIPS). In an interview with the Head of Energy & Solid Minerals Desk, STANLEY OPARA, he speaks on the fate of the oil/gas industry in the current election year, the PIGB and NIPS. Excerpts; Giving the fact that…
1 Jan 2019
A declaration the other day by President Muhammadu Buhari, after a meeting with the 36 state governors that the Nigerian economy is in a bad shape, though worrisome did not come to many as a surprise. This newspaper did call attention recently to the deteriorating state of the economy in a number of editorials including…
14 Dec 2018
The Federal Government yesterday filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni at a commercial court in London, United Kingdom in connection with a 2011 oilfield deal.
12 Dec 2018
The Petroleum Products Pricing Regulatory Agency (PPPRA) has ruled out plans to increase the pump price of Premium Motor Spirit (PMS) also known as petrol.