The Nigerian National Petroleum Corporation (NNPC) on Tuesday in Abuja said oil marketers have abandoned importation of petrol due to the losses they incurred. Chief Financial Officer of NNPC, Mr Isiaka Razak, made this disclosure when he appeared before members…
The House of Representatives on Wednesday resolved to invite the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, to explain the payment of N300 billion subsidy on Premium Motor Spirit (PMS) popularly known as petrol, without approval from the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said that petrol allocation by the Nigerian National Petroleum Corporation (NNPC) to Ibadan Depot was grossly inadequate. Alhaji Raimi Tayo, Chairman, Ibadan Depot of IPMAN said that independent marketers hardly…