Marketers raise petrol price to N170, depots suffer shortage

Published February 17, 2021’ Femi Asu Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa .Our correspondent observed that some filling stations in Lagos and Ogun states increased the pump price of petrol to N 170 per litre on Tuesday from N 162 per litre .Some […]

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N49.68bn spent on pipeline repairs in 10 months – NNPC

Published February 1, 2021 ’ Femi Asu With the challenge of pipeline vandalism lingering in the country , the Nigerian National Petroleum Corporation spent almost N 50 bn to repair and manage pipelines in 10 months .The NNPC ’s latest monthly report showed that a total of 363 vandalised points were recorded from January to […]

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Refineries gulped N81.41bn, refined zero crude – NNPC

Published November 23, 2020Okechukwu Nnodim, Abuja A total of N 81 .41 bn was expended on Nigeria ’s refineries between January and August this year but the facilities refined no drop of crude oil all through this period, latest data obtained from the Nigerian National Petroleum Corporation showed .Kaduna Refining and Petrochemical Company , Port […]

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Nigeria’s debt to hit N38.68tr next year, says minister

November 4, 2020 Sanni Onogu, Abuja NIGERIA’S external and domestic debts have been projected to hit N38.68 trillion by December 2021, Finance, Budget and National Planning Minister Zainab Ahmed, alerted on Tuesday.Mrs. Ahmed, who appeared before the Senate Committee on Local and Foreign Debts to defend the ministry’s next year budget, blamed abandonment of road […]

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