Defence Minister Bello Matawalle has opened up on the clash between Nyesom Wike and an officer, sharing how the FCT minister allegedly disobeyed the defence chief.
Filling stations across Nigeria have reduced their pump prices following a reduction in depot rates by the Dangote Refinery, but marketers say it may not last.
Presidential adviser Bayo Onanuga said NNPCL acknowledged it was facing financial difficulties as a result of its inability to continue providing fuel subsidies.
The Nigerian National Petroleum Company Limited (NNPC) and presidency has reacted to the recent changes of new petrol prices at filling stations nationwide
The presidency has cleared the air on the recent petrol price increases by the Nigerian National Petroleum Company Limited (NNPCL) across the country.
Businessman Femi Otedola has congratulated Aliko Dangote on the completion of his $20 billion refinery in Lagos, which has started producing gasoline.
Independent petroleum marketers have said that making Nigerian National Petroleum Company the sole distributor of Dangote petrol would create an undue monopoly.
FG made it clear that the ministry of Petroleum Resources will not interfere with internal decisions made by NNPC Ltd, especially those that concern pricing.
The Dangote Refinery is now ready to enter the market, and talks on pricing have been clarified by Aliko Dangote as he works to reach an agreement with NNPC Limited.
Oil marketers have warned Nigerians to expect an increase in the price of petrol, stating that fuel will now be sold at prevailing market rates...
Petrol from the $19 billion Dangote refinery is reportedly ready for rollout into the Nigerian market after months of delay due to crude oil supply challenges.
Energy
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