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NNPCL reduced petrol’s ex-depot price from ₦1,020 to ₦899 per litre. PETROAN praised the move, highlighting affordability and market competition benefits. Quality concerns emerged as stakeholders...
Crude oil refiners and Operators in Nigeria’s downstream sector have pointed to dollar-denominated charges on locally refined petrol as a major factor behind the higher cost...
The Dangote Petroleum Refinery and the Petroleum Products Retail Outlets Owners Association (PETROAN) are in ongoing discussions to finalise the details for lifting petroleum products from...
The Nigerian National Petroleum Company Limited (NNPCL) and major oil marketers are engaged in discussions aimed at eliminating petrol importation by increasing reliance on the Dangote...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to stifle competition in the downstream sector. This allegation follows...
Oil Marketers Deny Petrol Price Drop Amidst Market Stability Associations maintain stance: PETROAN and IPMAN reaffirm no changes, while MEMAN emphasizes stable pricing through depot ownership....
EKO HOT BLOG reports that Chairman, House of Representatives Committee on Petroleum Resources (Downstream), Ikeagwuonu Ugochinyere, has vowed on behalf of the committee to conduct a...