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INSIDEMAINLAND - The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has deployed seven surveillance teams to monitor petrol stations across Lagos State. The downstream petroleum regulatory agency also confirmed that 37 million litres of Premium Motor Spirit (PMS) was dispersed in 885 trucks to the major stations. The Zonal Operations
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Emerging reports has confirmed Lagos State residents paying the highest average price for petrol in the country, for the month of March 2021, at N200.87 per litre. This report is according to the The National Bureau of Statistics, NBS, who stated that Adamawa state residents had recorded the lowest average price
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Contrary to speculations of an imminent increase in the price of Premium Motor Spirit (petrol), The Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March 2021. A statement by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated it
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The Coalition of Nigerian Civil Society Organisations for Petroleum and Energy Security (CONCSOPES) has called on organised labour to support the government’s efforts to deregulate the downstream oil and gas sector. CONCSOPES Convener, Mr Timothy Ademola, who made the appeal at a news conference in Abuja on Saturday, said deregulation would
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The downstream arm of the oil and gas sector has now been fully deregulated by the federal government, and guiding price bands for the sale of petrol at fuel stations will no longer be released. The Petroleum Products Pricing Regulatory Agency which made the announcement, said PMS price will now be determined by
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The downstream arm of the oil and gas sector has now been fully deregulated by the federal government, and guiding price bands for the sale of petrol at fuel stations will no longer be released. The Petroleum Products Pricing Regulatory Agency which made the announcement, said PMS price will now be determined by
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A Mack tanker with registration number, AKM 65 ZY, blue colour, loaded with petrol, has a ruptured tank in transit, resulting in the petroleum content spilling away right now at the Ota toll gate inbound Sango- Ota from Lagos. An official of NUPENG, who spoke on the condition of anonymity, said
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The Petroleum Product Pricing Regulatory Agency (PPPRA) has recommended an upward review of the retail pump price of petrol from the previous N121.50. According to the agency, the recommended petrol retail band for a litre of petrol is now between N140.80 and N143.80. “Please recall the provision for the establishment of a
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by Alli Mustapha President Muhammadu Buhari has approved the reduction in the pump price of petrol from N145 per liter to about N130. It was gathered from presidency sources that the approval followed a presentation by Minister of State for Petroleum Resources, Timipre Sylva to the Federal Executive Council (FEC), on Wednesday,
Read MoreMany persons including children yesterday morning, Sunday, March 17, 2019, sustained burnt injuries after petrol exploded at a restaurant at Idimu, Lagos Mainland. The incident occurred at about 8:00a.m. at the restaurant called University of Amala along Ejigbo Road in Idimu area of the state. It was gathered that the owner of the restaurant, six of
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