He insisted that the authority as a regulator would not put cap on the price because it was not part of those importing the product.
President Bola Tinubu had on May 29, during his inauguration speech said there was no budget to continue the payment of subsidies on petrol.
He said that key initiatives on the horizon for NNPCL would include expanding gas infrastructure to deliver gas across West Africa and potentially, Europe.
“The illegal trade of stolen crude oil not only inflicts significant economic losses on Nigeria and legitimate stakeholders in the oil industry, but also perpetuates a...
He observed that “on capacity expansion with respect to renewable energy, you know that there is a gap in the power sector with regards to electricity...
It is high time we fact-check most viral “news” on social media before circulating as the Cybercrime Act 2015 is very effective. The Act prohibits cybersquatting...
A call for the support of Organised Private sector towards Oil subsidy removal —Adesanya-Davies A Former female Presidential Candidate, Prof. Funmilayo Adesanya-Davies, an activist and Public...
The aforesaid report speculating Kyari’s removal by President Bola Tinubu was published in certain media quarters (not Vanguard) on Saturday.
The Chairman described the 29th May, 2023 pronouncement of the removal of fuel subsidy by President Bola Tinubu at his inaugural speech, due to the non-budgetary...
Explaining the reason for this, the NNPCL stated that since 2022, the Federal Government has not made any subsidy payment, adding that as of March 2023,...