Tag: Energy Crisis

NNPCL: Petrol Discount Not Return Of Subsidy
October 10, 2026 No Responses

NNPCL: Petrol Discount Not Return Of Subsidy

The Nigerian National Petroleum Company Limited (NNPCL) has clarified that its petrol discount offer, which runs until October 31, does not amount to the restoration of fuel subsidy but is a temporary measure to ease the impact of rising petrol...
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FCT Residents To Experience Two-Week Power Outage
January 4, 2025 No Responses

FCT Residents To Experience Two-Week Power Outage

The Abuja Electricity Distribution Company (AEDC), on Friday, announced that some residents of the Federal Capital Territory (FCT) , Abuja will experience power outages between January 6 to 31, 2025. A press statement issued on the AEDC official X handle,...
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NNPC’s Utapate Crude Grade Hits Global Oil Market
November 21, 2024 No Responses

NNPC’s Utapate Crude Grade Hits Global Oil Market

In a major boost for Nigeria’s crude oil production, revenue generation and economic growth efforts, the NNPC Ltd has officially unveiled its latest crude oil grade, the Utapate crude oil blend, before the international crude oil market.  It would be...
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NNPCL: We Don’t Deal With Adulterated Products
November 8, 2024 No Responses

NNPCL: We Don’t Deal With Adulterated Products

The Nigerian National Petroleum Company Limited (NNPCL) on Thursday said it does not deal with adulterated petrol. NNPCL Chief Corporate Communications Officer, Olufemi Soneye, in a statement said: “NNPC Retail Ltd does not deal in adulterated products as it...
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PETROAN Accuses Dangote Of Trying To Stifle Competition
November 5, 2024 No Responses

PETROAN Accuses Dangote Of Trying To Stifle Competition

Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the downstream sector. The marketers’ accusation follows Dangote Refinery’s claim that marketers are complaining of ...
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CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres
November 3, 2024 No Responses

CNG: PCNGI, NADDC, Caution Against Illegal Conversion Centres

The Federal Government through the Presidential Compressed Natural Gas Initiative (PCNGI) and the National Automotive Design and Development Council (NADDC), at the weekend advised Nigerians to patronise only accredited centres for the conversion of their...
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NNPC Replies Dangote Refinery, Restates N898 Per Litre Transaction
September 16, 2024 No Responses

NNPC Replies Dangote Refinery, Restates N898 Per Litre Transaction

The Nigerian National Petroleum Company Limited (NNPC Ltd), on Monday morning insisted that it bought Premium Motor Spirit (PMS), also known as Petro from Dangote refinery at N898 per litre. In a statement issued on Monday morning, Chief Corporate Communi...
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NNPCL Admits Owing Petrol Suppliers
September 2, 2024 No Responses

NNPCL Admits Owing Petrol Suppliers

The Nigerian National Petroleum Company Limited (NNPCL) admitted at the weekend its “significant debt to petrol suppliers,” saying it poses a threat to the sustainability of fuel supply.  In a statement on Sunday, NNPCL spokesman Olufemi Soneye said “Th...
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Economic Sabotage: Count NNPC Out, Says Kyari  
August 8, 2024 No Responses

Economic Sabotage: Count NNPC Out, Says Kyari  

The Group Chief Executive Officer of NNPC Limited, Mr. Mele Kyari has said the company has not breached any of the enabling laws guiding its dealings with partners, hence should be counted out of any claims of economic sabotage.Kyari, who...
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