NMDPRA, NIS, Laud NNPC For Smart Station, Self-Service Facility
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigeria Immigration Service (NIS) have commended the NNPC Retail Ltd. for introducing a smart station integrating self-service fuelling. Mr Rabiu Umar, Authority Chief…
CNG Affordability Depends On Availability, Pi-CNG/EV Boss Says
Mr Ismaeel Ahmed, Chairman and Chief Executive Officer of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG/EV), says availability of CNG is critical to making clean mobility affordable to Nigerians. Ahmed said this in…
From Obasanjo to Tinubu: How Nigeria’s petrol prices have changed since 1999
A litre of petrol sold for N20 in Nigeria in 1999. More than two decades later, petrol prices have crossed N1,000 per litre in several parts of the country, with prices varying according to location, marketer and prevailing market conditions. The journey…
NUPRC seeks more jobs, local value from offshore investments
The Nigerian Upstream Petroleum Regulatory Commission has urged stakeholders in Nigeria’s offshore oil and gas industry to ensure that rising investments in the sector generate substantial employment, technology transfer and broader industrial benefits…
Why Fuel Prices Keep Climbing: NMDPRA Speaks On Sourcing, Logistics And Single-Source Refining
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that ongoing petrol price fluctuations are driven by complex market realities, including crude oil procurement costs, reliance on a single domestic refiner, and…
NMDPRA explains petrol price volatility
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has attributed fluctuations in the pump price of petrol to a combination of factors, including the cost of crude oil supplied to domestic refineries, transportation and logistics…
PEWI @75: REFLECTIONS ON NIGERIA’S PETROLEUM INDUSTRY, VALUE CREATION AND THE UNFINISHED ECONOMIC JOURNEY…
1.0 YESTERDAY — THE PROMISE NIGERIANS INHERITED On September 6, 2026, I turn 75—a milestone that feels especially significant at this moment in Nigeria’s petroleum story. I have lived through almost the entire history of the country’s modern petroleum…
Petrol Should Sell Ror N605 Per Litre In Nigeria – Olawepo-Hashim
Accord Party chieftain, Gbenga Olawepo-Hashim, has argued that petrol should sell for about ₦605 per litre in Nigeria, challenging the Federal Government’s current approach to fuel pricing. Olawepo-Hashim made the claim while appearing on Channels…
Nigeria’s Dangote Seeks Around $1.5 billion With Refinery IPO, Sources Say
Nigeria’s Dangote Group plans to price the initial public offering of its refinery unit at 525 naira ($0.40) per share, potentially raising about $1.5 billion in Africa’s biggest-ever share sale, two sources with direct knowledge of the deal…
Despite 53.7m Barrels Supplied, Nigeria’s Refineries Still Face Crude Crunch
Nigeria’s domestic refining is facing a prolonged crude supply paradox, with 53.7 million barrels of crude oil and condensate supplied to local refineries in the second quarter of 2026, even as refiners continue to face challenges securing feedstock on…