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Why movement of petrol by rail is delayed – PEF

The Petroleum Equalisation Fund Management Board, PEF(MB), yesterday, said it has commenced the Sensor Monitoring project, that is designed to help determine the accurate quantity of petroleum products, especially Premium Motor Spirit, also known as petrol, consumed in the country.
Continue reading Why movement of petrol by rail is delayed – PEF at Vanguard News Nigeria. …

FG not planning to increase petrol pump price – PPPRA

The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, has said that the Federal Government has no plans to increase the price of  Premium Motor Spirit known as petrol.
Continue reading FG not planning to increase petrol pump price – PPPRA at Vanguard News Nigeria. …

Petrol: FG moves to avert strike, to pay marketers N236billion subsidy money

The Federal Government, yesterday, said it would pay oil marketers N236 billion next Friday, being first tranche of the outstanding N348 billion subsidy claims owed members of the Major Oil Marketers Association of Nigeria, MOMAN, and the Depot and Petroleum Products Marketers Association, DAPPMA.
Continue reading Petrol: FG moves to avert strike, to pay marketers N236billion subsidy money at Vanguard News Nigeria. …

Refineries production capacity down by 18%

Refineries production capacity down by 18%

Adewale Sanyaolu The Federal Government’s failure to turn around its ailing refineries has caused an 18 per cent decline in production capacity. The abysmal performance of the refineries is contained in the latest monthly financial report (April edition) released by the NNPC. The report indicated that Premium Motor Spirit (PMS) popularly called petrol and Dual […]
The post Refineries production capacity down by 18% appeared first on The Sun Nigeria. …

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