Energy
The fuel crisis that is plaguing some regions of the country is unlikely to hit Port Harcourt and its surrounding areas, according to Petroleum Marketers.
The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of pre-paid meters under the MAP scheme to allow for competition.
Nigerians continue to buy fuel at high prices despite assurance from NNPC that there is enough product available and there is no need for panic buying.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has provided an explanation for the current fuel scarcity as filling stations adjust prices.
Excessive power supply has reportedly forced electricity regulatory authorities in Tanzania to shut down five hydroelectric stations in the country.
MRS Oil Plc has announced a slash in the price of diesel in its filling stations across the country from N1,700 to N1,050 following after Dangote refinery's move.
The Nigerian National Petroleum Company (NNPC) Limited has addressed the current scarcity of premium motor spirit (PMS), otherwise known as petrol.
The Port Harcourt Refining Company (PHRC), a subsidiary of the Nigerian National Petroleum Company Limited (NNPCL) has announced a plan for another refinery.
An analyst, Titilope Anifowoshe, has predicted a reduction in fuel price to N570-580 per litre by the middle of 2024. He gave two reasons for the possibilities.
Energy
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