Nigeria Filling Stations To Dispense Gas In Vehicle From September

LAGOS AUGUST 31ST (NEWSRANGERS)-The dispensing of autogas into automobiles through selected filling stations across the country will commence by the end of September, the Federal Government has said. It was gathered that autogas to be dispensed into automobiles and other prime movers include Liquefied Petroleum Gas, Compressed Natural Gas and Liquefied Natural Gas, depending on…

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Confusion As Subsidy Returns …NNPC Pays N5.4bn For Under Recovery

LAGOS AUGUST 31ST (NEWSRANGERS)-Amidst confusion in the downstream petroleum industry, concerning its deregulation, subsidy on Premium Motor Spirit (PMS), also known as petrol, has once again resurfaced, as the Nigerian National Petroleum Corporation (NNPC), weekend, said it incurred N5.35billion as under recovery in June, 2018. Under-recovery, also known as subsidy, occurs when the pump price…

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