The corporation called on the Senate Downstream Committee to assist in ensuring that the outstanding debt was settled to enable NNPC effectively achieve its obligation as the supplier of last resort to the downstream sector.
Browsing: Oil subsidy
*Emefiele fails to turn up at investigative hearing on undeclared crude revenue 24 February 2017, Abuja — The federal government…
Ike Amos 05 December 2016, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation, NNPC, spent N201.657 billion on petroleum subsidy,…
Mohammed stressed that the 445,000 barrel of crude exchanged for local refining product in the swap deal called DSDP-Direct Sale Direct Purchase has not really benefitted the country, adding that it was part of the reasoning that informed government’s decision to increase in the pump price of petrol.
13 May 2016, Ilorin — Residents of Kwara state have rejected the new price regime of petrol at N145 per…
01 January 2016, Abuja — Leader of the House of Representatives, Mr. Femi Gbajabiamila has said that the National Assembly…
09 December 2015, Abuja – Against the backdrop of the current fuel crisis across the country showing no sign of…
08 December 2014, Port Harcourt – Governor Chibuike Amaechi has lashed at the federal government for mismanaging the fuel subsidy…