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Fresh petroleum crisis looms in South-East as IPMAN withdraws services

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to withdraw their services from the Nigeria National…

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Scarcity: Petrol sells N220 per litre in Nsukka

The Premium Motor Spirit, otherwise called petrol, now sells for between N200 and N220 per liter at the independent marketers’…

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Nigeria daily consumption of Premium Motor Spirit (PMS) is 66m – Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says COVID-19 had helped to reduce the cost of crude…

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NNPC earns N2.129trn from product sales

The Nigerian National Petroleum Corporation  (NNPC) says it made total revenue of ₦2.129 trillion from the sales of petroleum products…

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Truck brake fails , damages 13 vehicles in Ibadan

No fewer than 13 vehicles got damaged on Tuesday when a tanker loaded with 11,000 liters of Premium Motor Spirit…

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NSCDC busts oil vandals in Lagos , promises to do more

The Nigeria Security and Civil Defense Corps ( NSCDC), Lagos State Command,  has busted an attempt to siphon Premium  Motor…

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NSCDC intercepts tanker with siphoned petrol in Ogun

The Nigeria Security and Civil Defence Corps (NSCDC) Ogun Command, on Friday, said it intercepted and impounded a petroleum tanker…

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NNPC increases daily Petrol Truck from 550 to1,661 to eliminate queues

Nigerian National Petroleum Corporation, NNPC, Tuesday, increased the daily loading of Premium Motor Spirit, PMS across the country from 550…

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Abuja resident panic over fuel price hike, scarcity

Long queues have reappeared in Abuja for the purchase of Premium Motor Spirit (PMS), also known as petrol, one month…

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The many lies over petroleum subsidy

By Idu Jude With the current undesirable situation being experienced in the nation’s petroleum industry, it is imperative that the…

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