Nigeria’s National Petroleum Company Ltd (NNPCL) has stated that there is no guarantee of lower petrol prices

Nigeria’s National Petroleum Company Ltd (NNPCL) has stated that there is no guarantee of lower petrol prices. When it starts moving petrol from the Dangote refinery on 15 September, the Nigeria National Petroleum Company Ltd. (NNPCL) has stated that there is no assurance of a cheaper price. The firm noted that the pricing of petroleum…

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Tinubu authorises the sale of crude oil to Dangote and additional nearby refineries in Naira

The Federal Executive Council (FEC) has given its approval for Dangote Refinery and other nearby refineries to purchase crude oil in naira rather than dollars. Following Monday, July 29’s Federal Executive Council (FEC) meeting, the federal government made the decision. This was announced in a post on Monday on his official X handle by Bayo…

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