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Civil society organisations have condemned the huge loss in crude oil production in Nigeria and called for the metering of oil pumped to stop the loss. In a communique issued at the end of a dialogue with host communities on the promotion…
Nigeria Security and Civil Defense Corps (NSCDC) has said it uncovered a syndicate and arrested three suspects involved in adulteration of petroleum products. Mrs. Christiana Abiakam-Omanu, the Commandant of NSCDC in Bayelsa, made the disclosure on Wednesday while parading the suspects before…
Police officers in Benin City, Edo State have cordoned off the entrance into King square (national museum) following a protest by aggrieved civil rights groups in the city. The rights groups who are also residents in the state are protesting the hike…
President Muhammadu Buhari says his administration will fully utilize the country’s enormous gas resources to uplift the economy and drive industrialization. The president stated this on Monday in Abuja at the virtual Nigeria International Petroleum Summit (NIPS) 2021 Pre-summit Conference and the…
![Protest in Edo over hike in prices of petrol, cement [VIDEO]](https://i0.wp.com/www.ndreporters.com/wp-content/uploads/2021/03/IMG_20210329_102345_716-300x135-1.jpg?resize=300%2C135&ssl=1)
Officers of the Nigeria Police Force, Edo State command have laid siege on some protesters kicking against the current hike in the pump price of petrol and the price of cement per bag. The police stopped the protesters at the main gate/entrance…
The Nigerian National Petroleum Corporation (NNPC) on Friday promised to maintain the current ex-depot price of Premium Motor Spirit (petrol) until the conclusion of engagement with the organized labour and other stakeholders. The General Manager, Public Affairs Division, Kennie Obateru, said the…
Fuel: DPR seals 10 filling stations for selling petrol above official priceThe Department of Petroleum Resources (DPR) on Monday in Jalingo, Taraba State, said it had sealed ten filling stations for selling petroleum products above the official price. The Controller of Taraba…
The Department of Petroleum Resources (DPR), Katsina State Field Office says it will ensure petrol is sold at the government-approved price in the state. The government-approved price is N162 to N165 per litre. The Controller of DPR in Katsina, Mr Muhammad Abdurahaman,…
The confusion that greeted the purported increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol by the Federal Government has been described as a testimony to the dysfunctional nature of governance under the administration of President Muhammadu…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has instructed its members in the South Eastern zone of the country to revert to the old price of N170 and N175 per litre of petrol. The Chairman of IPMAN Enugu Community Depot…
Some residents of Ilorin in Kwara State, on Friday, criticized the rationale behind the alleged new pump price of petrol by the Federal government. The criticisms are coming amidst the claim and counter claim by the NNPC and the PPPRA on which…
The PPPRA Executive Secretary, Abdulkadir Saidu in a statement in Abuja, on Friday clarified that the guiding prices posted on its website was only indicative of the current market trends and do not translate to an increase in the pump price of…
The Human Rights Writers Association of Nigeria, HURIWA, has said the uncertainty in the pump price of petrol is an indication that “President Muhammadu Buhari has lost control.” HURIWA made the remark while condemning the “ever pervasive climate of apprehension, anxiety and…
Economic and other activities were on Friday brought to a halt in Cross River State as long queues surfaced at filling stations following the pronounced increment in the pump price of fuel. NDREPORTERS reports that thousands of government workers, businessmen and women,…
The Petroleum Products Pricing Regulatory Agency (PPPRA) has taken down a template they published on their website on Friday, which announced that the new price of petrol has reached N212.6 per litre. This follows the criticism and outrage that followed the news….
With the increase in the pump price of Premium Motor Spirit (PMS) from N172 to N212.61 per litre by the Petroleum Products Pricing and Regulatory Agency (PPPRA) on Thursday night, Nigerians have criticized the decision and tagged it as both anti-people and…
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it has not received any official communication on fuel price hike, debunking the news across the country of an increment in the pump price of fuel. The chairman of the association’s Kano…
Ben Murray-Bruce, a former Bayelsa lawmaker has condemned the increase in pump price of fuel to N212 per litre. Bruce on Friday wondered why the Nigerian system develops government policies which believes in suffering the masses. He stressed that now is not…
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it has not received any official communication on fuel price hike, debunking the news across the country of an increment in the pump price of fuel. The chairman of the association’s Kano…
The Nigerian National Petroleum Corporation has countered the Petroleum Products Pricing Regulatory Agency (PPPRA) on increase in fuel price. NNPC in a post on its official Twitter page insisted that there is no increase in depot price of Premium Motor Spirit. The…
Nigerians have slammed the President Muhammadu Buhari-led government as fuel price hit N212 litre. The Petroleum Products Pricing Regulatory Agency (PPPRA) on Thursday night announced the new increment on its website, explaining that the increase was due to the market determinants and…
Eleven days after the Nigerian National Petroleum Corporation (NNPC) promised there would be no price hike for Premium Motor Spirit, popularly known as petrol in March, the price has hit N212 litre. On February 28, NNPC spokesman, Kennie Obateru, gave the assurance…
Illegal routes for transporting petroleum products have been identified in two local government areas of Cross River State. Chairman, Independent Petroleum Marketers Association of Nigeria (IPMAN), Cross River Chapter, Mr Robert Obi disclosed this when the group paid a courtesy visit to…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has rejected the proposed scrapping of the Petroleum Equalization Fund (PEF) asserting that it fosters national unity. IPMAN’s President, Mr Chinedu Okoronkwo, told the News Agency of Nigeria (NAN) on Tuesday in Lagos that…
For the first time in 2021, the price of oil has risen to $71.28 per barrel in the international market, barely a few days after the Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC members had resisted pressure to increase output. Prior…
The Akwa Ibom State Government, oil communities in the State as well as a Civil Society Organisation – Policy Alert, has pointed out some anomalies that marred the petroleum Industry Bill and called for an amendment before it’s passed into law by…
Abia state governor, Dr. Okezie Ikpeazu has expressed regret that despite peaceful atmosphere the state as one of the oil-producing states has offered oil companies, it has not benefitted meaningfully. According to the Governor, Abia has the record of being the most…
The House of Representatives has resolved to investigate the alleged missing 5.2 million barrels of crude oil. The alleged missing oil is under the Direct Sales Direct Purchase (DSDP) policy of the Nigerian National Petroleum Corporation, (NNPC). The DSDP is a policy…
Nigeria is currently losing an average of 200,000 barrels of crude oil daily, the Nigerian National Petroleum Corporation stated on Wednesday. Brent, the oil against which Nigeria’s crude is priced, was $66.75 per barrel on Wednesday, while the official exchange rate of…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the current increase in the pump price of petrol in the Southeastern part of Nigeria is because of a shortage in the supply of the product. Chairman of IPMAN, Enugu Depot in…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian Government to allow investors to run the three refineries. National Secretary of the association, Alhaji Danladi Pasali stated this in an interview with the NAN in Abuja on Wednesday….
The usual outcry by Nigerians on fuel hike, resurfaced on Tuesday when the Minister of State for Petroleum Resources, Chief Timipre Sylva alerted the public to get ready for another increment. Sylva, who spoke at the launch of the Nigerian Upstream Cost…
Major petroleum marketers in Calabar, Cross River State capital have increased the pump prices of petrol and kerosene in the state. ND REPORTERS, who monitored the development on Wednesday, observed that the pump price of petrol was adjusted from N162-N163 to…
Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit (petrol) in Nigeria should be between N185 and N200 per litre, unless the government wants to subsidise the product, ’FEMI ASU reports The…
Environmentalists, paramount ruler, chiefs, youth leader and women of Koluama 1&2 communities in Southern Ijaw Local Government Area of Bayelsa state, have faulted claims by Chevron and Conoil that the January 16 oil spill near Funima field offshore was not from…
Vice President, Yemi Osinbajo, SAN, has urged stakeholders in the oil industry to find and agree on cheaper means of producing oil in the country. Osinbajo also said that there is need for stakeholders in the sector to agree on how to…
The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears to have triggered a return to petrol subsidy era, ’ FEMI ASU…
There are indications that the Federal Government may be on course to meet and perhaps, surpass the projected oil revenue target in the 2021 budget if the recent rise in the prices of crude oil is sustained into the new year. Investment…
President Muhammadu Buhari commissioned the largest Onshore LPG plant in Nigeria today. The plant which is situated in Oredo, Edo State has the capacity of supplying about 20% of Nigeria’s LPG demand. The president tweeted this earlier today and we quote; “Today…
A supervisor in ExxonMobil Producing Nigeria, operator of the Nigerian National Petroleum Corporation NNPC/MPN Joint Venture, has died in a gas flaring accident which occurred on Tuesday at the processing unit of the Qua Iboe Terminal In Ibeno local government area of…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano State branch, on Monday, instructed its members to sell petrol at N162.44 per litre as directed by the Federal government. The IPMAN Chairman in Kano, Alhaji Bashir Dan-Malam gave the directive during a…
Over 1,650 ExxonMobil contract staff on Wednesday staged a protest, barricading the company’s housing estate in Eket Local Government Area, Akwa Ibom State demanding their unpaid entitlements. The spokesperson of the group, Mr. Christian Assam, told our correspondent that ExxonMobil through National…
The Nigerian government has ordered the reduction of pump price of petrol from N168 per litre to N162.44 per litre. Minister of Labour and Employment, Chris Ngige said the reduction would take effect from December 14, 2020. Ngige disclosed this while speaking…
The Human Rights Writers Association of Nigeria, HURIWA, has called on the management of the Nigerian National Petroleum Corporation, NNPC to demonstrate more openness, accountability and probity in the administration of the petroleum sub-sector of Nigeria’s economy. HURIWA, an advocacy group, made…
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, on Thursday, said the corporation deliberately shut down the nation’s refineries because they no longer make sense to be operated. The GMD disclosed this when he appeared before the…
President Muhammadu Buhari on Tuesday expressed confidence that the establishment of modular refineries in Nigeria will make petroleum products available and eliminate importation. He spoke at the virtual inauguration of the 5,000 barrels per day Waltersmith modular refinery in Ibigwe, Imo State….
The Minister of State for Petroleum Resources, Timipre Sylva, has said that Nigerians should be proud of the decision by the Federal government to import refined petrol from Niger Republic. The Federal government through the Ministry of Petroleum Resources signed a memorandum…
A ghastly fire outbreak in an illegal crude oil refining camp popularly known as Kpo-fire in Bayelsa State has claimed the lives of three teenagers, leaving one severely injured. The incident occurred between Ibelebiri and Otuegue 2 communities in Ogbia Local…
Timipre Sylva, the Minister of State for Petroleum Resources, on Monday, explained the recent increment in the pump price of petrol from between N158 and N162 per litre to N168 and N170. Sylva also said that kerosene and diesel were even more…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned motorists against panic buying, assuring that there is enough fuel on ground. NAN reports that IPMAN National Public Relations Officer, Alhaji Suleiman Yakubu, who made this known to newsmen on Monday in…
Opu-Nembe community in Nembe-Bassambiri, Nembe Local Government Area of Bayelsa and host to Aiteo Eastern Exploration and Production Limited have issued a quit notice to the company. They made the call at a press conference on Saturday after a protest march. Traditional…