Monthly Archives: December 2015

Petrol to sell for N86.5 from January 1st

The Petroleum Product Pricing Regulatory Agency (PPPRA) announced on Tuesday, that filling stations belonging to the Nigerian National Petroleum Corporation (NNPC) will from January 1, 2016 sell petrol for N86 per litre, while other stations belonging to different groups of marketers will sell the commodity for N86.5 per litre, The Punch reports. The agency also…
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NUPENG to suspend petrol supply to LASG over debt

The National Union of Petroleum and Natural Gas (NUPENG) on Tuesday said that the union would stop supplying petroleum products to Lagos State Government (LASG) over a N224 million debt,Leadership reports. Mr Tokunbo Korodo, the South-West Chairman of the union, told the News Agency of Nigeria (NAN) in Lagos that the debt arose from a…
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NNPC begins direct delivery of fuel to IPMAN stations

The Nigerian National Petroleum Corporation (NNPC) has initiated direct supply of petrol to Independent Petroleum Marketers Association of Nigeria (IPMAN) retail outlets in the country,Vanguard reports. This was stated by the National Operation Controller of IPMAN, Mr. Mike Osatuyi, during an inspection tour of some IPMAN retail outlets in Lagos. Osatuyi, who praised the initiative…
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Kaduna refinery ramps up production to 3.2m litres per day

Hope that the queues at fuel stations across the country would ease-off appeared on Wednesday with the commencement of daily production of 3.2 million litres of petrol by the Kaduna Refining and Petrochemical Company (KRPC), National Mirror reports. A statement by the Group General Manager, Group Public Affairs Division of NNPC, Ohi Alegbe, confirmed that…
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