The amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery rehabilitation between January and May this year was N1.301tn,...
Petrol subsidy grew by 190.62 percent in the first five months of 2022 to hit N1.274 trillion compared to N438.36 billion recorded over corresponding...
The unending challenge of fuel subsidy, long fuel queues and the attendant overwhelming corruption associated with the subsidy has defied common sense and the...
The inability of the Nigerian National Petroleum Company Limited (NNPC) to carry out its statutory obligations to the federation continued for the fifth month...
The group managing director of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari and the governor of Ogun State, Prince Dapo Abiodun...
The Nigerian National Petroleum Corporation, NNPC has threatened to blacklist private depot owners who sell the product above the Federal Government’s approved ex-depot price...
The Senate, on Wednesday at plenary constituted an Ad Hoc Committee to investigate Shell Petroleum Development Company (SPDC) over non-compliance with the Petroleum Act and...
The Nigerian Extractive Industries Transparency Initiative (NEITI) yesterday insisted that the removal of Premium Motor Spirit (PMS) subsidy will free the economy from bondage.
Executive...
