Fuel scarcity has returned to some parts of Lagos, as queues resurfaced in some filling stations along Lagos Ibadan expressway, Ikorodu road, and Ikoyi on Monday. This was confirmed by our analysts who visited some filling stations along the Lagos-Ibadan expressway, Ikorodu road, Lagos Mainland; Obafemi Awolowo way, Ikoyi and Obalende; Lagos Island on Sunday […]

The House of Representatives on Monday held a stakeholders meeting to resolve the crisis trailing the aviation fuel price increase, with the Nigerian National Petroleum Company Limited and domestic airline operators reaching a deal. It was agreed that the NNPC would supply Jet-A1 to marketers nominated by airline operators for a period of three months […]

Most filling stations in Abuja and neighbouring states of Nasarawa and Niger that dispensed Premium Motor Spirit, popularly called petrol, on Sunday were greeted with long queues. It was observed that many other outlets were shut as they claimed not to have products to dispense, a development that led to the crowding of the filling […]

The House of Representatives Ad hoc Committee investigating the state of refineries in Nigeria has issued a 7-day ultimatum to the Minister of State for Petroleum to appear before the committee or risk the wrath of the law. Also, to appear alongside the minister before the committee are the Group Managing Director (GMD) of the Nigerian […]

Mele Kyari, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC) has stated that there is a need to set up special courts to try and prosecute crude oil thieves and pipeline vandals, in a bid to contain the crude theft situation in Nigeria’s oil industry. Kyari disclosed this on Thursday while briefing the House […]

The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but ruled out any hike in the pump price of the product. Newmen had reported on Tuesday that fuel queues resurfaces on Monday in the Federal Capital Territory, and some parts of Nasarawa and Niger states. […]

The newly incorporated Nigeria National Petroleum Company (NNPC) has received the presidential approval to reconstruct the collapsed Lagos- Badagry expressway, as well as 20 other federal roads spread across the six geopolitical zones of the country. The approval was given on Wednesday at the weekly virtual Federal Executive Council (FEC) meeting presided over by Vice-President […]


Current track