LAGOS JANUARY 28TH (NEWSRANGERS)-Nigeria National Petroleum Commission (NNPC) has advised Nigerians not to panic over media reports of recent queues experienced in some petrol stations in Abuja and some other parts of Nigeria. The Corporation in a press statement signed by Group General Manager, Group Public Affairs Division NNPC Limited, Garba Deen Mohammed sighted by…
LAGOS JANUARY 19TH (NEWSRANGERS)-The federal government may increase the price of Premium Motor Spirit (PMS), better known as petrol, to N302 per litre in February 2022 as part of the recommendation of the National Economic Council (NEC) in November 2021. Moneycentral understands that this is part of the government’s plan to fully deregulate the PMS…
LAGOS AUGUST 18TH (NEWSRANGERS)-The Controller General of Nigeria Customs Service, Hameed Ali, has blamed the Nigerian National Petroleum Corporation (NNPC) for the high rate of smuggling of fuel across Nigerian borders. He said he had on many occasions proposed to the NNPC to establish petroleum retail outlets in neighbouring countries to curtail smuggling of fuel…
LAGOS AUGUST 11TH (NEWSRANGERS)-The world’s richest Black man, Aliko Dangote, could add more than $2.5 billion to his net worth depending on the terms of the sale of a 20 percent share of his oil refinery. Reuters reported last week Nigeria’s government has approved its state oil firm the Nigerian National Petroleum Corporation (NNPC), to…