NNPC hikes petrol ex-depot price to N155, marketers to now sell at N168

The Petroleum Products Marketing Company (PPMC) a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has hitched up the ex-depot price of Premium Motor Spirit (PMS) also called petrol. It increased the rate at which it sells the product to marketers, from N147.67 per litre to N155.17, equivalent to a 5.1% hike. Marketers are to... Continue Reading →

PENGASSAN strike: Over 2.9b litres of petrol available, NNPC assures Nigerians

The Nigerian National Petroleum Corporation (NNPC) says it has over 2.9 billion litres of Premium Motor Spirit (PMS), also known as petrol, to service Nigerians during the Yuletide period and beyond. The corporation disclosed this in a statement signed by its spokesman, Dr. Kennie Obateru, in Abuja, on Tuesday. He dismissed the insinuation of the... Continue Reading →

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