IPMAN: Dangote Sets the Record Straight …C0NTINUE READING HERE >>> The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing … Read more
Again, Tinubu’s govt increases fuel price …C0NTINUE READING HERE >>> The President Bola Ahmed Tinubu led administration through the Nigerian National Petroleum Company Limited (NNPCL), has again increased the pump price of Premium Motor Spirit (PMS) despite the mounting economic challenges. TheNewsGuru.com(TNG) reports that the pump price on Tuesday was increased as residents in Lagos and Abuja … Read more
IPMAN provides latest update on agreement with Dangote refinery …C0NTINUE READING HERE >>> The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, has assured Nigerians that talks with Dangote Refinery for direct petrol supply from its 650,000-barrel-per-day facility are progressing well and will be concluded soon. According to reports, Maigandi … Read more
(Just in)Fuel price palaver; FG team in a meeting with organized …C0NTINUE READING HERE >>> The Federal government team is currently meeting with the leaders of organised labour at the Presidential Villa in Abuja. The meeting is centred on the state of the nation, especially the petrol pricing system. The meeting is taking place at … Read more
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BREAKING: This Is Insensitive, Unfortunate; Reverse Sudden Fuel Price Hike …C0NTINUE READING HERE >>> The former Presidential candidate of the Labour Party (LP), Peter Obi, has condemned the recent increase in fuel price, calling on the Federal Government to reverse the sudden petrol price hike. Henzodaily reports that the former Anambra State Governor stated this … Read more
Fuel Scarcity Looms – IPMAN Warns, Reveals Ordeal With NNPCL …C0NTINUE READING HERE >>> The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a caution regarding a potential fuel scarcity across Nigeria. In a statement to journalists in Ilorin on Friday, IPMAN’s National Public Relations Officer, Alhaji Okanlawon Sulaiman Olanrewaju, cited the rising costs … Read more
FG permits marketers to lift fuel directly from Dangote refinery …C0NTINUE READING HERE >>> The Federal Government has officially authorized petroleum marketers to source petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum Company Limited (NNPC). This important development represents a significant change in the country’s petroleum distribution landscape, effectively ending NNPC’s monopoly … Read more
NNPCL Releases Adjusted Fuel Price …C0NTINUE READING HERE >>> The Nigerian National Petroleum Company Limited (NNPCL) announced on Wednesday, October 9, that it had increased the ex-depot prices for Premium Motor Spirit (PMS), better known as fuel for marketers. NNPCL Retail Limited communicated this change through a price list, indicating that the ex-depot price in … Read more
New Fuel Price Emerges In Abia State …C0NTINUE READING HERE >>> The price of Premium Motor Spirit (PMS), popularly known as fuel or petrol, has decreased in Abia State. Henzodaily understands that the commodity’s price dropped from ₦1300.00 and ₦1350.00 to a range of ₦1200.00 to ₦1150.00. This change follows the Nigeria National Petroleum Corporation’s … Read more
OPEC clears Dangote, details real reason for Nigeria’s high fuel costs …C0NTINUE READING HERE >>> OPEC clarifies concerns in Nigeria over increased fuel prices, where local oil producers like Dangote Refinery have faced scrutiny. The Organization of the Petroleum Exporting Countries, OPEC urges a change in perspective regarding the global energy market, highlighting that both … Read more