Downstream

The federal government has introduced a new website that allows users to convert their petrol-powered vehicles to compressed natural gas (CNG) and opt for a pay-later option for the conversion costs. This is contained in a statement…
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According to reports, Major oil marketers are set to begin direct purchases of Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery starting between Thursday and next week, following the Nigerian National Petroleum Company…
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The House of Representatives on Thursday tasked Federal Government to mandate authorities of Nigerian National Petroleum Company Limited (NNPC) and Dangote Refinery to allow independent marketers to lift premium motor spirit (PMS) from…
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The Catholic Archbishop of Ibadan Archdioses, Most Rev. Gabriel ‘Leke Abegunrin has urged President Bola Tinubu to address the ongoing controversy surrounding fuel prices involving Alhaji Aliko Dangote and the Nigerian National…
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The Federal Government has distanced itself from the ongoing dispute between the Nigerian National Petroleum Company Limited (NNPC) and Dangote Refinery regarding petrol pricing. President Tinubu’s Special Adviser on Information and…
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According to Channels Television, Oil marketers in Nigeria have assured consumers that petrol prices will drop once they begin direct lifting of products from the Dangote Refinery. This follows the recent price surge to ₦950 per…
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The price of Premium Motor Spirit (PMS) popularly known as petrol has hit N2000 per litre in Akwa Ibom as petroleum marketers down tools over alleged confiscation of their trucks loaded by Joint Task Force officials. Before the…
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Billionaire industrialist and President of Dangote Group, Alhaji Aliko Dangote, has called on the Federal Government to remove the petrol subsidy, arguing that its elimination would bring transparency to Nigeria's actual fuel…
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President Bola Tinubu has said that the removal of fuel subsidy has helped reduced Nigeria’s petrol daily consumption from several millions of liters to about 30 million liters. He made this statement on Thursday during a meeting…
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The Nigerian National Petroleum Company Limited (NNPC) has authorized major marketers to lift petrol from Dangote Refinery, but independent marketers remain excluded. The new arrangement raises concerns over pricing and access,…
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