NNPC Explains The Reason Behind The Fuel Scarcity


In a statement to the Senate Committee on Petroleum Downstream in Abuja, the Nigerian National Petroleum Company (NNPC) explained that the reason for the fuel scarcity was due to activities from vandals and corrupt oil marketers. Mrs.

Senate Committee Gives Petroleum Minister Two Weeks To End Fuel Scarcity


The Senate Committee on Petroleum Downstream has given the Minister of State for Petroleum and the NNPC two weeks to end petrol scarcity in the country. The committee handed down this directive at a meeting with officials of the Ministry of Petroleum, NNPC and agencies in the petroleum sector.

 NNPC Mega Station In Lafia Commence 24hr Service


The Nigerian National Petroleum Commission (NNPC) mega station in Nasarawa State has begun its 24 hours service in compliance to the Federal Government’s directive, to help curb the ongoing fuel crisis facing the nation. Speaking to Channels Television at the mega station in Lafia, Nasarawa State capital, on Saturday night,

Cautious optimism greets Kachikwu’s double role


The announcement of Dr. Ibe Kachikwu, as Minister of State for Petroleum Resources did not come as a surprise to many. But what came as a shock, was his announcement on resuming office that he will also be retaining his job as the Group Managing Director, Nigerian National Petroleum Corporation,

Complete Removal Of Fuel Subsidy Will End Fuel Crisis – NUPENG


The Leadership of the Nigeria Union of Petroleum and Natural Gas (NUPENG) believes that total deregulation of the downstream sector and complete removal of fuel subsidy will solve the nation’s prolonged fuel crisis and scarcity. Fuel queues are beginning to return to some service stations in different Nigerian States, as

Fuel Scarcity: NNPC Warns Against Panic Buying


The Nigerian National Petroleum Corporation (NNPC), yesterday stated that it has enough stock of Premium Motor Spirit (PMS), also known as petrol, to serve the needs of Nigerians across the country for about 17 days. The corporation urged Nigerians to desist from panic buying of the product.

Petrol Queues: NNPC, PPMC Say No Cause For Panic Buying

The Nigerian National Petroleum Corporation (NNPC) and the Pipelines and Product Marketing Company (PPMC) have assured Nigerians that there is enough petrol to sustain the country’s 40 million litres daily sufficiency. The corporation said there was no cause for panic buying, as the available Premium Motor Spirit would last until November

NNPC Injects Additional PMS To Eliminate Fuel Queues

The Nigerian National Petroleum Corporation (NNPC) on Wednesday injected additional volumes of Premium Motor Spirit to enrich product availability in some major cities with noticeable fuel queues. In a statement by the Group General Manager, Group Public Affairs Division, Ohi Alegbe, the NNPC said that the measure was in line

FG Approves 413bn Naira Oil Marketers’ Subsidy Claims

The Nigerian National Petroleum Corporation (NNPC) says the Federal Government has approved the payment of 413 billion Naira to oil marketers as outstanding payment for subsidy claims. According to the NNPC, the payment would ensure that there would be no scarcity of the product.

IPMAN Threatens Not To Buy Or Load Fuel

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has vowed not to load or sell fuel to the public until the Federal government pumps fuel to Ilorin depot of the Nigerian National Petroleum Corporation (NNPC). This comes as the shortage of fuel bites higher across Kwara State especially in Ilorin

NNPC Loses N120Bn In 2 Months


The Nigerian National Petroleum Corporation, NNPC Group financial report has shown that the corporation incurred a total loss of N120.07bn in the months of August and September.