The Nigerian National Petroleum Company (NNPC) Limited has increased the price of Premium Motor Spirit, commonly known as petrol, from N855 per litre to N998 in Lagos and N1030 in Abuja. This price hike, which took effect on Wednesday, was noticeable at all NNPC depots in Lagos State and Abuja. The latest pricing reflects a […]Read More
Nigeria’s importation of Premium Motor Spirit (PMS), commonly known as petrol, reached an unprecedented N3.22 trillion in the second quarter of 2024, the highest figure ever recorded in the nation’s history. This information was revealed in the foreign trade report published by the National Bureau of Statistics (NBS). Petrol imports accounted for 25% of Nigeria’s […]Read More
A tank farm in Apapa, Lagos State, reportedly owned by the Nigerian National Petroleum Company (NNPC) Limited, has caught fire, according to the Lagos Fire Service. Margaret Adeseye, Director/CEO of Lagos State Fire Service, explained that the fire stemmed from a spillage of petroleum products within the tank farm’s perimeter. She emphasised collaborative efforts with […]Read More
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