The Petroleum Products Marketing Company (PPMC) has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to N151.56 per litre from N138.62 per litre. The PPMC is…
The Economic and Financial Crimes Commission (EFCC), Kano Office, has recovered a sum of N328,988,296,990.62 from nine major oil marketers across the country. The recovery, according to a statement by…
by Dolapo Adelana The Independent Petroleum Marketers Association of Nigeria (IPMAN), says of the Nigerian National Petroleum Corporation (NNPC) may lead to fuel scarcity in six states. The association also urged…
The federal government is being owed at least N86.4 billion as at July 21, 2016 by marketers of petroleum products, according to Premium Times. The major culprits are members of the…
The Pipelines and Products Marketing Company, which has been accused of incompetence and corruption, has revealed that measures are already in place to end the prevalent fuel scarcity in the…
In recent weeks, Nigerians have seen an increase in the prices of petroleum products, as well as queues at fuel stations across the country. Nigerians are heavily dependent on fuel…
Marketers have revealed to the government how to put an end to the snake-like queues for petrol, that Nigerians all across the nation, are currently bedeviled with. The fuel scarcity in the…
by Jibrin Ibrahim The Ministry of Finance that is overseeing the inter-agency reconciliation process is of the view that $10.8 billion is the sum yet to be reconciled. It was…