“NNPC removes fuel subsidy, assures no disputes with marketers.”

“NNPC removes fuel subsidy, assures no disputes with marketers.”

The Nigerian National Petroleum Company (NNPC) Limited has denied that it had a dispute with independent petrol marketers over an alleged subsidy on Premium Motor Spirit (PMS). There have been reports of a clash between fuel marketers, who are part of the Independent Petroleum Marketers Association of Nigeria, and NNPC. The cause of the clash…

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Refineries were not established to reduce the price of petrol, Kyari Says before the Senate

Refineries were not established to reduce the price of petrol, Kyari Says before the Senate

The CEO of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, appeared before the joint committee on appropriations 48 hours after being summoned by the Senate. During the hearing, he explained that while a reduction may be possible, it is not the main objective of the refineries. The NNPCL boss was given a 24-hour…

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