NewsReports

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has demanded a refund of N15 billion from the Nigerian National Petroleum Company Limited, NNPCL, following the full deregulation of petrol pricing and the NNPC’s withdrawal as the sole off-taker of petrol from Dangote Refinery. IPMAN President, Alhaji Abubakar Maigandi Shettima, made the demand in Abuja, stating that if the NNPC’s current pricing is …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has attributed the recent increase in fuel prices to the full deregulation of the oil sector. IPMAN President Abubakar Garima, while speaking on Channels Television’s Sunrise Daily on Thursday, clarified that the price adjustment should not be seen as an increase but as the result of removing subsidies from the sector. “Well, …

Joint Health Sector Unions (JOHESU) and the Assembly of Health Care Professionals have given the Federal Government 15 days ultimatum to address issues of welfare and conditions of service of their members or face industrial action. The strike ultimatum, which took effect from Thursday, October 10, 2024, ranges from non-payment of salary arrears of some health agencies, 25 per cent …

Bashir expressed concern for Nigerians silently struggling because of the harsh economic situations created by Tinubu’s policies. Bashir Ahmad, an aide to former President Muhammadu Buhari, has acknowledged the widespread economic hardship facing Nigerians under the current administration of Bola Tinubu. In a short statement he posted on X, Bashir expressed concern for Nigerians silently struggling because of the harsh …

Amidst the Wednesday’s upward review in petrol pump price, some filling stations in the nation’s capital, Abuja, are currently selling petrol cheaper than those of the Nigerian National Petroleum Company Limited (NNPC Ltd), signaling a shift in the country’s fuel market dynamics. Earlier on Wednesday, PREMIUM TIMES reported that petrol pump prices rose to N998 and N1,030 per litre at various outlets of the …

The National Drug Law Enforcement Agency (NDLEA) has announced that married women will no longer be required to present a letter of approval from their husbands to obtain visa clearance for international travel. In a statement released on Thursday via X by the agency’s Director of Media and Advocacy, Femi Babafemi, it was revealed that this decision followed a reassessment of the …

•Marketers confirm return of competition in downstream oil sector  •NLC  demands immediate  reversal of fuel price increase  •NACCIMA, CPPE, NECA say latest hike ill-timed, will fuel inflation, stifle businesses  •FG to set Naira for Dangote crude sales using market rate Subsidy is gone! Though President Bola Ahmed Tinubu made that consequential  announcement on May 29, 2023, it was not until …

…says price fixing by NNPC an aberration The Nigeria Labour Congress, NLC, has demanded an immediate reversal of the fresh fuel price hike, saying it is an aberration that the NNPC is fixing fuel prices in a so-called deregulated sector.. President Bola Tinubu and NLC President Joe Ajaero According to the NLC, the federal government led by President Bola Tinubu …

Accusations and counter-accusations between the Peoples Democratic Party (PDP) and the All Progressives Congress (APC) in Edo State continued on Wednesday and the lawyers of both parties disagreed over the inspection of electoral materials on Wednesday. While the APC lawyers and leaders said they were working on the court order of inspection of materials as directed, the PDP leaders accused …

The Nigerian National Petroleum Company Limited (NNPC) Wednesday increased the official pump price in its retail outlets to N1,030 per litre in Abuja from the N897 it announced on September 3. With the latest price adjustment, it means that in the less than 17 months of the current administration, the price of the fuel has risen by over 430 per …