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NNPC Sept Report

petroleum products

Fuel Marketing Companies’ Revenue Decline By N331.54bn

April 6, 2021 Admin5 0

Five of the major oil marketing companies in the country saw their total revenue plunge by N331.54bn last year amid the impact of the COVID-19 […]

Daily fuel consumption hits 72.72m litres, marketers blame smuggling

March 29, 2021 Ebere 0

Petrol supply by the Nigerian National Petroleum Corporation hit a high of 72.72 million litres daily in December amid the smuggling of the product to […]

No hike in petrol price until talks with labour is concluded –NNPC

March 27, 2021 Admin5 0

The Nigerian National Petroleum Corporation (NNPC) on Friday assured Nigerians that it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the […]

PMS: NNPC Says Ex-Depot Price Stays until End of Talks with Labour

March 26, 2021 Admin5 0

The Nigerian National Petroleum Corporation (NNPC) has said it would maintain its current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of ongoing […]

FG refineries earn N21bn, lose N778bn in 5 years

March 19, 2021 Ebere 0

The government-owned refineries, being run by the Nigerian National Petroleum Corporation, reported a total loss of N778.71bn from 2015 to 2019, an analysis of data […]

Fuel hike: DPR seals defaulting outlets in Abia

March 17, 2021 Admin5 0

The Department of Petroleum Resources (DPR), has sealed some filling station selling Premium Motor Spirit (fuel) above the official pump price.The operation was carried out […]

FG Apologizes to Nigerians Over N212.61 Per Litre New Petrol Price

March 12, 2021 Ebere 0

The government of Nigeria has tendered an apology to Nigerians on Friday over the confusion surrounding the latest fuel price increment. Speaking at the groundbreaking […]

#FuelPriceHike sparks anger on Twitter

March 12, 2021 Ebere 0

Nigerians have expressed dissatisfaction over the purported increase in the pump price of premium motor spirit also known as petrol by the Federal Government to […]

PPPRA makes a U-turn, deletes template announcing petrol price increase

March 12, 2021 Ebere 0

In the wake of the outrage that greeted the increase in the price of Premium Motor Spirit also known as petrol, the Petroleum Products Pricing […]

#FuelPriceHike: No increase in petrol depot price this month, NNPC insists

March 12, 2021 Ebere 0

The Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit also known as petrol this […]

Cross River: IPMAN raises alarm over proliferation of illegal fuel stations

March 11, 2021 Admin5 0

The Cross River Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the proliferation of illegal fuel stations in the […]

FG Plans 20% hike in petrol freight cost

March 5, 2021 Admin5 0

The Federal Government is planning a 20 per cent hike in the cost of freighting petrol across the country, as part of measures to boost […]

No Increase In Petrol Price In March – NNPC

March 1, 2021 Ebere 0

The Nigerian National Petroleum Corporation (NNPC) has stated that there would not be an increase in the price of petroleum products in the country. A […]

Marketers raise petrol price to N170, depots suffer shortage

February 17, 2021 Ebere 0

Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. Our correspondent observed that some filling stations […]

No plans to hike price in February- NNPC

February 16, 2021 Admin5 0

The Nigerian National Petroleum Corporation (NNPC) has denied plans to increase fuel price from February. There had been speculations the prices of petroleum products may […]

NNPC Records 92% Increase in Sales of Petroleum Products in October…Increases Gas Supply to Power Plants by 8.60%

January 28, 2021 Admin5 0

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from […]

Domestic Gas Consumption Rises, Exceeds 1m MT – PPPRA

January 20, 2021 Admin5 0

The Petroleum Products Pricing Regulatory Agency on Tuesday announced that the consumption of Liquefied Petroleum Gas in Nigeria, popularly called cooking gas, exceeded one million […]

Nigeria Lost N76bn Worth Of Crude To Pipeline Vandals In 2020

January 19, 2021 Admin5 0

Nigeria lost at least 3.1 million barrels of crude worth about $200m (about N76.3 billion) in 2020 due to activities of pipeline vandals and crude […]

Nigeria Imports N1.62trn Petrol In 9 Months

December 21, 2020 Admin5 0

Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from January to September, the latest data obtained from the National […]

Oil Marketers Seek FG’s Approval To Fix Refineries

December 21, 2020 Admin5 0

Oil marketers have expressed willingness and capacity to fix Nigeria’s dysfunctional refineries and get the facilities running in the shortest possible time. Operators of retail […]

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