FG cloudy, insincere with deregulation—Oil marketers allege
Nigerian oil and gas marketers this week accused the Federal Government of paying lip service to the implementation of total deregulation of the downstream oil sector. In their views, they argue that as it affects domestic consumption of premium motor…
Downstream oil sector deregulation designed to drive growth—Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva Thursday averred that the ongoing deregulation of the downstream oil sector was to ensure economic growth and development of the country. Giving further insights in Abuja, he said it was…
Minister steps up campaign for use of CNG as transport fuel
The Minister of State for Petroleum Resources, Chief Timipre Sylva has restated the importance of Compressed Natural Gas (CNG) in complementing Premium Motor Spirit (PMS) utilization as transport fuel. Giving insights on factors considered by the Federal Government in slashing…
NNPC failed to deny claims of no petrol in our depots by DAPPMA
Contrary to earlier by the Nigerian National Petroleum Corporation (NNPC) that it had started offloading products in depots across the country, oil marketers under the aegis of the Depot and Petroleum Products Marketers Association (DAPPMA), has countered the claims, saying…
Revealed: FG has no accurate data on fuel consumption in Nigeria
Indication has emerged that contrary to claims of yesteryears by government agencies that Nigeria consumes certain number of Premium Motor Spirit (PMS), otherwise known as petrol either on a daily basis or yearly has been mere speculation. The scenario has…
