Fuel supply challenges loom as NNPC Ltd faces financial strain

In a recent press release, the Nigerian National Petroleum Company Limited (NNPC Ltd) has acknowledged significant financial challenges that threaten the sustainability of the country’s fuel supply. According to the statement, NNPC Ltd is facing substantial debt to petrol suppliers, putting considerable strain on the company’s finances. This financial pressure has raised concerns about the…

IPMAN Proposes Direct Petrol Purchases From Dangote As NNPC Faces ₦40 Billion Debt

ibrandtv.com - 30/Oct 15:11

IPMAN is urging Dangote Refinery to allow direct petrol sales amid Nigeria’s fuel crisis. The President of the union, Abubakar Maigandi, noted that...

BREAKING: Amidst Hardship, NNPC Increases Fuel Price Again [SEE PRICE]

thegeniusmedia.com.ng - 29/Oct 10:51

BREAKING: Amidst Hardship, NNPC Increases Fuel Price Again [SEE PRICE]—-The Genius Media Nigeria reports that the Nigeria National petroleum...

NNPC to soon clear $6bn petrol supply debt, says Wale Edun

nigerianeye.com - 24/Oct 08:28

Dangote: We Have The Capacity To Meet Nigeria’s Demands For All Petroleum Products

arise.tv - 01/Nov 06:42

Dangote Refinery says it has robust capacity to supply enough petrol, diesel, and aviation fuel as Nigeria demands

NSCDC Arrests NNPC Driver for Stealing 10,000 of Fuel

mcebiscoo.com - 02/Nov 21:17

Afeez Adegbala, a driver attached to the Nigerian National Petroleum Company Limited has been arrested for allegedly diverting 10,000 litres of...

“Petrol Is Available At Our Refinery, Come And Lift Supply” – Dangote tells NNPC, Marketers

ibrandtv.com - 29/Oct 20:53

Aliko Dangote, the CEO of Dangote Refinery, has addressed the growing fuel scarcity in Nigeria. His latest statement highlights the worries of...

FG confirms NNPCL’s financial plan to $6bn debt

bammagazine.com.ng - 24/Oct 09:02

NNPCL’s debt, which amounts to over $6 billion owed to suppliers, has been a topic of concern among investors and industry experts. The Nigerian...

N480/Liter by 2025: Senator Abbo Presents Fuel Price Reduction Strategy to President Tinubu

veracity.com.ng - 01/Nov 15:40

By Tom Garba, YolaSenator Ishaku Abbo (SIA) has unveiled a detailed strategy to cut Nigeria’s petrol price from over N1,000 per liter to N480 by...

FG bans cooking gas export to reduce its soaring price

bammagazine.com.ng - 22/Oct 20:02

The Minister of State Petroleum Resources (Gas) expressed deep concern over the continuous increase in LPG prices in Nigeria. Ekperikpe Ekpo, Minister...

Global refinery market weakness hits Parkland Corp.’s Burnaby refinery

canadanewsmedia.ca - 31/Oct 16:28

CALGARY – Fuel retailer Parkland Corp. has lowered its full-year earnings forecast as sluggish market conditions continue to take a bite out of...

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