Friday, 9th December 2022
Breaking News:


9 Nov 2016
The need for the Federal Government to be proactive in the provision of foreign exchange (forex) to petroleum marketers has been emphasised.
7 Nov 2016
The Minister of State for Petroleum, Dr Ibe Kachikwu, says the recent N4 increase in price of petrol in Nigerian National Petroleum Corporation (NNPC) filling stations, is wrong.
8 Sep 2016
There is confusion in the Petroleum Products Pricing Regulatory Agency (PPPRA) over the maintenance of N145 per litre of premium motor spirit (PMS) , as anxiety is growing that the nation may no longer be able to keep the country....
8 Sep 2016
Again, major stakeholders in the downstream sector of the oil and gas sector have reassured the nation that there is no plan to increase the price of petroleum products, especially Petroleum Motor Spirit (PMS) from the current N145 per litre.
11 Jul 2016
Efforts by the Federal Government to ensure kerosene remains affordable are being undermined by spiraling price of the product, which now sells between N200 and N300 per litre.
3 Jun 2016
Nigeria’s Mohammed Barkindo yesterday emerged the Secretary - General of the Orgnisation of Petroleum Exporting Countries (OPEC). He took over from Libya’s Abdalla Salem El Badri after a meeting...
1 Jun 2016
Fuel subsidy ranks high on the list of policy albatross President Muhammadu Buhari inherited. A recurring theme in Nigeria’s policy realm, subsidy removal has been debated for over three decades.
25 May 2016
It is no longer news that the price per litre of premium motor spirit, PMS otherwise known, in local parlance, as petrol has gone up. What is news, however is that the new price template announced...
23 May 2016
Last week, two national labour movements (NLC, TUC), after joint deliberations with unnamed civil society organisations, released a communiqué in which the labour movements ...
13 May 2016
Mixed reactions, yesterday trailed the announcement by the Petroleum Products Pricing Regulatory Agency (PPPRA) that petrol will now sell for N145 per litre with some experts applauding the decision and also expressing reservations on the policy.
13 May 2016
The Minister of State for Petroleum Resources and PPPRA have offered explanations on how the Federal Government arrived at N145 as the price of a litre of as petrol.
10 May 2016
There are indications that the Federal Government will abandon its price modulation policy this week and embrace deregulation.


1 day ago
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) have been asked to launch a proper investigation into the qualifications of the Executive Director of the Nigerian Export-Import Bank (NEXIM), Stella Erhuvwuoghene Okotete. The petitioner, Lawyers for Reform Group (LRG), in a letter acknowledged on behalf of the ICPC Chairman, told the commission that…
1 day ago
An overnight fire has burned down a filling station, Danmarna, at Lugbe, in the Federal Capital Territory, (FCT), Abuja.
1 day ago
• vows his government will not be distracted by looking back at PDP's misgovernment Deputy president of the Senate and governorship candidate of the All Progressives Congress in Delta State, Senator Ovie Omo-Agege, has said that his government will not seek vendetta against Governor Ifeanyi Okowa and the governing Peoples Democratic Party if elected to…
1 day ago
Peru's new President Dina Boluarte was under pressure Thursday to quell the political turmoil rocking the country, a day after the dramatic arrest of her predecessor, who stands accused of attempting a coup. The South American country's first-ever woman leader asked the opposition for a truce as she prepared to form a government, as doubt…
1 day ago
Brazil coach Tite has hit back at criticism of his players' dancing goal celebrations in their World Cup win over South Korea, dismissing suggestions they showed a lack of respect.