FEC Approves Sale of Crude Oil to Dangote Refinery and others in Naira
The Federal Executive Council has approved the sales of crude oil to local Refineries in Nigeria, Including Dangote Refinery to be denominated in Naira at a fixed exchange rate. Announcing this after the FEC meeting on Monday, the Special Adviser on Revenue to the President and FIRS Chairman, Zack Adedeji explained that the strategic intervention is […]
NNPCL denies “lubricants for petrol claim
The NNPC Retail Limited confirms that its attention has been drawn to a recent video clip on social media, concerning its fuel pump attendant pressuring customers to purchase lubricants as a prerequisite for purchasing fuel. Its Managing Director, Mr Huub Stokman, who made this known on Sunday, said the company had launched an investigation into […]
NNPC: Refrain from Panic buying of petrol
The Nigerian National Petroleum Company (NNPC) Limited has once again urged motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol. This comes as the nationwide supply and distribution of the product continues to improve. Its Chief Corporate Communications Officer, Olufemi Soneye, in a statement said the queues at filling […]
