Nigerian National Petroleum Corporation (NNPC)
Oil marketers have dashed the hopes of Nigerians who anticipated buying diesel below N1,000 at filling stations after Dangote refinery crashed price.
Diesel is still marketed for between N1300 and N1,450 nationally even after the Dangote Petroleum Refinery recently announced a N1000 per litre price drop.
The Nigerian government has announced the addition of more crude oil reserves of about 1.087 billion barrels and gas reserves of 2.574 trillion cubic feet.
Oil marketers who visited the Port Harcourt refinery said the facility will begin selling petroleum products very soon after mechanical works are completed.
Cooking gas price in Nigeria is crashing from a high of N1,500 per kg it sold a few weeks ago to N1,100 following the appreciation of the naira against the dollar.
Marketers have expressed optimism about a new petrol price across the country, suggesting a similar drop as seen with diesel prices at the Dangote refinery.
Human Rights Writers Association of Nigeria (HURIWA) has asked the Nigerian National Petroleum Corporation (NNPC) Limited to probe one of its staff, Ms Asabe Waziri.
The goal of NIPCO Gas Limited to construct 35 CNG stations across the country has been accomplished, according to Nagendra Verma, its managing director.
Gabriel Ogbechie, the managing director of Rainoil Limited, says that the Nigerian government now pays about N600 billion monthly as a subsidy for petrol.
Nigerian National Petroleum Corporation (NNPC)
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