Concern as pump price of petrol races towards N1,405/litre
The NNPC Ltd has already indicated that it cannot continue to sustain fuel importation at rising cost while passing the cost to final consumers is proving a difficult decision.
Month: September 2024
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Dangote petrol ready for sale
The refinery battled crude shortage and entered into a brawl with the Nigerian Midstream and Downstream Regulatory Authority, which accused the refinery of producing substandard diesel.
Power Minister decries rejection of power by Discos
The minister noted that this was due partly to the fragility of the transmission and distribution infrastructure which he said had become old and dilapidated, leading to the historical epileptic supply of power to households, industries and businesses.
EU importing more gas from Russia than from United States
However, across the EU, Russia has risen to second place in the list of suppliers, just ahead of the US. The destination countries were not clear from the data.
NNPC Ltd faces financial strain due to PMS supply costs, impacting supply sustainability
We are actively collaborating with relevant government agencies and other stakeholders to maintain a consistent supply of petroleum products nationwide.