Energy

Barely three weeks after jerking up the price per litre of petrol, retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) adjusted the pump price of the commodity on Tuesday in Lagos from ₦998 to ₦1, 025. In…
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Daily consumption of Premium Motor Spirit (PMS) or petrol in Nigeria has dropped drastically under one year after President Bola Tinubu assumed office on May 29, 2023. Data obtained by Channels Television from the latest report of the…
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The World Bank has warned that a further increase in the prices of Premium Motor Spirit also known as petrol may reverse the already dwindling effects of subsidy removal in Nigeria. The warning is contained in the October edition of its…
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The Federal Government, through the Ministry of Youth Development and the Presidential CNG Initiative recently officially launched 2,000 CNG-powered tricycles for vibrant Nigerian youths! This initiative will not only empower young…
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The Nigerian National Petroleum Company Limited has raised its pump price of petrol in Abuja by 14.8 per cent to N1,030 per litre from N897. The latest price increase makes it the second time the petrol price has been hiked in the past…
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The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government that the naira-for-crude deal has commenced.…
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The Nigerian National Petroleum Company Limited has said that it will sell the petrol lifted from the Dangote Refinery for nothing less than ₦950 per litre in Lagos. The NNPCL spokesperson, Olufemi Soneye, disclosed this on Monday, in a…
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The Dangote Refinery located in Lagos has denied selling petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre. A spokesman for the refinery Anthony Chiejina in a statement late Sunday described the claim by…
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The Nigerian National Petroleum Company Limited has revealed that it bought Premium Motor Spirit, popularly known as petrol, from Dangote refinery at N898 per litre. PUNCH Online earlier reported that the lifting of petrol from the…
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The loading of the first batch of petrol on Sunday commenced at the Dangote Refinery. A fleet of trucks were seen lifting Premium Motor Spirit, known as petrol, at the refinery located in the Ibeju-Lekki area of Lagos State. The…
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