By Ahmed Dorcas The official shutdown of the Port-Harcourt Refinery, Rivers State, for a month-long maintenance exercise has been announced by the Nigerian National Petroleum Company Limited (NNPCL). According to Sahara Reporters, this development has raised concerns about among fuel retailers about potential fuel shortages and price hikes. …
President Bola Tinubu has approved the appointment of Engineer Bashir Bayo Ojulari, as the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited. The President has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the Chairman, Chief Pius Akinyelure and the Group Chief Executive…
Many NNPCL outlets in Lagos today sold a litre of petrol for ₦998, about ₦150 higher than the initial price of ₦855. Long queues were observed at NNPCL outlets at Abule-Egba, U-turn, Abbatoir, and others around the axis as the sudden increase set motorists and transporters in panic-buying mode. Many filling stations not owned by…
