
The Nigerian National Petroleum Company Limited (NNPC) has raised the salaries of 6,280 staff as it pushes to retain top talent and maintain global competitiveness.
The Nigerian National Petroleum Company Limited (NNPC) has raised the salaries of 6,280 staff as it pushes to retain top talent and maintain global competitiveness.
Dangote Refinery has entered into an agreement with MRS to distribute petrol through its retail outlets across the country at a price of N935 per litre.
Experts have explained that the recent drop in petrol prices by the Dangote Refinery and the NNPC is due to the crash in international crude oil prices.
Despite two refineries in Nigeria producing petrol in the past three months, oil marketers have continued to rely on imports to supply the product nationwide.
NNPC Limited has debunked rumours circulating in various media that the recently revamped Port Harcourt Refinery in Rivers State has shut down operations.
Cooking gas marketers have raised concerns that eliminating import duties on the product and other related materials would not immediately lower prices.
The Major Energy Marketers Association of Nigeria (MEMAN) has revealed that petrol landing costs crashed further to N970 in December from N971 last month.
Petrol stations have left prices unchanged despite the recent announcement by Dangote Refinery, slashing petrol from N970 per litre to N899 for Nigerians.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has projected changes in the price of petrol at filling stations in the coming days.
Filling stations in Abuja have dropped petrol prices following the reduction by NNPC. Also, the Dangote refinery announced a petrol price slash for Nigerians.
Energy
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