The recent hike in the price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL) has sparked widespread backlash, with the […]
Tag: NNPCL
Nigerians React as NNPCL Increases Petrol Pump Price to Over N1,000 per Litre
The full deregulation of Nigeria’s downstream oil sector appears to have taken off, as the Nigerian National Petroleum Company Limited (NNPCL) raised petrol pump prices […]
FCT Residents Lament as NNPCL Increases Petrol Price to N1,030 per Litre
On Wednesday, October 9, residents of the Federal Capital Territory (FCT) were thrown into dismay after the Nigerian National Petroleum Company Limited (NNPCL) raised the […]
Major Marketers to Begin Direct Purchase from Dangote Refinery
Major oil marketers in Nigeria are set to directly purchase Premium Motor Spirit (PMS) from the Dangote Petroleum Refinery between Thursday and next week, following […]
NNPCL, Dangote Clash Over Petrol Pricing Amid First Fuel Supply
The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have disagreed over the pricing of petrol supplied by the refinery. NNPCL claimed it purchased […]
Federal Government Debunks Reports of Directing NNPCL to Sell Fuel at N1000
The Federal Government has refuted viral reports suggesting that the Ministry of Petroleum ordered the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at […]
NNPCL Confirms N5.1tn Debt in 2023 Fuel Importation, Sparks Criticism Over Transparency
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Federal Government incurred a debt of N5.1 trillion in under-recovery and energy security expenses […]
NNPCL Refutes $6.8 Billion Debt Allegations
The Nigerian National Petroleum Company Limited (NNPCL) has strongly denied allegations that it owes international oil traders a debt of $6.8 billion. The company issued […]
NNPCL, FIRS, Police Face Senate Criticism for Ignoring 2019 Audit Queries
The Nigerian National Petroleum Company Limited (NNPCL), the Federal Inland Revenue Service (FIRS), and the Nigeria Police Force have come under severe criticism for their […]
NNPC Demands N4.71tn Refund from Federal Government for Fuel Import Costs
The Nigerian National Petroleum Company Limited (NNPC) has requested a refund of N4.71 trillion from the Federal Government to cover exchange rate differentials incurred while […]