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FUEL Scarcity Looms As Depots Raise Petrol Price To N720/Litre

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Petrol scarcity is slowly resurfacing in parts of the country as private depot owners increased the ex-depot price of petrol from 630 to 720...
NNPCL Probes ‘Lubricant for Petrol Claims at Retail Stations

NNPC Investigates ‘Lubricant For Petrol’ Claims At Retail Stations.

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The Nigerian National Petroleum Company Limited (NNPCL), said it has begun an investigation into allegations of coercion against customers at one of its retail...

FG To Save $4.4b Annually From Conversion Of Vehicles To Cng

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The Federal Government is to save about twelve million dollars daily by reducing the current 50 million litres of petrol consumed in the country...

Petrol: No Basis For Current Scarcity – Pengassan

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There is no basis for the current scarcity and price hike of petrol across the country.President, Petroleum and Natural Gas Senior Staff Association of...

Petrol: Desist From Panic Buying, NMDPRA Urges Nigerians

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough...

Petrol: Queues Disappear As Marketers Dispense Above N165

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The queues by motorists for Premium Motor Spirit, popularly called petrol, which had persisted since February in Abuja and environs, gradually disappeared on Thursday...

Petrol: We Can’t Continue To Sell At N165 Per Litre – IPMAN

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The Independent Petroleum Marketers Association of Nigeria, IPMAN, says its members can no longer sell premium motor spirit, PMS, at the regulated price due...

Buhari Regrets Inconvenience Caused By Petrol, Electricity Shortages, Apologises To Citizens

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President Muhammadu Buhari has expressed sincere regrets for the inconvenience caused to citizens of the country following a prolonged shortages of petroleum products and...

Petrol Scarcity: NNPC Expects 2.3 Billion Litres To Stabilise Distribution

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The Nigerian National Petroleum Company, NNPC Limited has assured Nigerians that the distribution of petrol would soon normalise after it recalled the bad product...

Petrol: TUC Threatens Strike Over Prolonged Scarcity

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The Trade Union Congress, TUC, said it was monitoring and engaging with stakeholders over the prolonged fuel scarcity in many parts of the country.The...

Petrol: NNPC Begins 24-Hour Operations In Depots, Retail Outlets

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The Nigerian National Petroleum Company Limited, NNPC has commenced 24-hour operations in NNPC depots and retail outlets, to restore normal supply and distribution of...

Scarcity: IPMAN, NNPC, Stakeholders In Discussion On Substandard Fuel – Okoronkwo

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The Independent Petroleum Marketers Association of Nigeria, IPMAN is in talks with the Nigerian National Petroleum Corporation, NNPC and stakeholders on imported substandard petrol.IPMAN...

Petrol: Regulatory Authority Confirms Payment Of N22.7bn Bridging Claims To Transporters...

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The Federal Government has paid bridging claims worth 22.7 billion naira to transporters of petroleum products.Chief Executive Officer, the Nigerian Midstream and Downstream Petroleum...

Petrol Subsidy Removal: IPMAN Faults NLC’S Planned Protest

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The Independent Petroleum Marketers Association of Nigeria, IPMAN says the planned nationwide protest against petrol subsidy removal by the Nigeria Labour Congress, NLC is...

Petrol: TUC Gives Federal Government Conditions On Subsidy Removal

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The Trade Union Congress, TUC has threatened industrial action if the Federal Government fails to meet with the union before the final removal of...

Petrol: Economic Council Yet To Decide On Subsidy Removal

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The National Economic Council, NEC is yet to take a decision on petrol   subsidy removal as deliberations are still ongoing.Governor Godwin Obaseki of Edo...

Petrol: President Buhari Did Not Order Subsidy Removal – Ahmed Lawal

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Senate President Ahmed Lawan has guaranteed Nigerians that petrol subsidy will not be removed for now as being reported by some social and conventional...

Petrol Price Hike: Organised Labor Mobilises Ahead Of Protests

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The Nigeria Labour Congress, NLC has commenced mass mobilisation of Civil Society Organisations, CSOs ahead of its planned January 27 and February 1st demonstrations...

Petrol: Subsidy Rises, Hits n1.16tn In 11 Months

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The amount spent on subsidizing Premium Motor Spirit, popularly called petrol, rose to N1.16trillion between January and November this year, the latest data from...

Smuggling: Nigeria Customs Intercept 31,500 Litres Of Petrol Valued N5.4m

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The Seme Command of Nigeria Customs Service has intercepted 1,050 jerry cans (30 litres each) petrol along Seme and Badagry creeks Lagos with a Duty...
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