Human rights lawyer Femi Falana, SAN, says allowing the Nigerian National Petroleum Company Limited to fix the pump price for Premium Motor Spirit (PMS), or petrol, is an aberration and unco… Read More

Tribune OnlineDeregulate downstream sector of petroleum industry to end fuel scarcity, Agunbiade tells FG The Federal Government has been advised to deregulate the downstream sector of the… Read More

This post is for JAMB candidates who are preparing to sit for Economics in their UTME examination. So I’m going to share the most repeated JAMB Economics questions with you and tell yo… Read More

Nigerians are predicting that the pump price of Premium Motor Spirit, popularly called petrol, would hit N300 or more per liter during the yuletide given the perennial fuel scarcity and per… Read More

Many thought Nigeria would have deregulated the downstream sector when crude prices were less than $50 per barrel and the landing cost of premium motor spirit (PMS) otherwise called petrol w… Read More

There are indications that the Federal Government may be pressured to completely deregulate the downstream sector of Nigeria’s petroleum industry, as President Muhammadu Buhari meets m… Read More

The Federal Government’s monthly plan to implement and re-activate a pricing template for Premium Motor Spirit (PMS), otherwise known as petrol set in May 11, 2016, might disrupt the c… Read More

Foreign investment into Nigeria’s oil and gas is still in its lowest ebb as inflow hit a low of $10.09 million in first-quarter 2020 which is still a sharp decline compared to $327.30… Read More

The Senate, Trade Union Congress, TUC, and experts yesterday disagreed with the Federal Government’s plan to remove fuel subsidy next year and replace it with a N5,000 monthly transpor… Read More

The Nigerian National Petroleum Corporation incurred N756.99bn petrol subsidy cost from January to July this year, the latest data obtained from the corporation show. The subsidy, which the… Read More

The Minister of State for Petroleum Resources, Mr. Timipre Sylva has asked Nigerians to ready to endure the pain of another hike in the price of premium motor spirit, popularly called petrol… Read More

NNPC speaks on plan to hike petrol pump price – There is no plan to hike pump price, the Nigerian National Petroleum Corporation (NNPC) said on Tuesday. Group General Manager, Gro… Read More

The Minister of Information and Culture, Lai Mohammed, on Friday, stated that the organised labour did betray Nigerian workers over suspension of its planned strike. Recall that the organise… Read More

Crude Oil Daily Price Recap Crude Oil came into today down 1.54% ($0.35) from the open of yesterday, marking the 2nd day in a row it has gone down. Relative to other instruments in the ene… Read More

If common sense is the practical ability to do sound judgement, then the Supreme Court -installed new leadership of the Independent Petroleum Marketers Association (IPMAN) has glaringly show… Read More

President Muhammadu BuhariThe story of Muhammadu Buhari’s presidency of Nigeria so far reminds me of the story of a man in the Bible named Jabez. Told in the book of 1 Chronicles 4: 9… Read More

Rather than exerting energy on what brought about the parlous state of the Nigerian economy and how the country fell into recession, the Federal Government should initiate reforms to revamp… Read More