Crude Oil Nigeria
Marketers Urge Dangote Refinery to Sell Petrol Below N800 per Litre
Amid growing concerns over the cost of Premium Motor Spirit (PMS), also known as petrol, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Dangote Petroleum Refinery to reduce its pump price to below N800 per litre. Currently, petrol is being sold at between N815 and N825 per litre from the Dangote […]
FEC Approves Full Implementation of Naira-for-Crude Oil Deal
The Federal Executive Council (FEC) has taken decisive action to strengthen Nigeria’s economic resilience. They directed the full implementation of the Naira-for-Crude Oil policy. This move revives the suspended agreement between the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL). It also includes local refiners, such as the Dangote Petroleum Refinery. The Ministry […]