Nigeria oil Archives - DAILY TIMES Nigeria

Energy

Nigeria now world’s largest importer of petrol- Baru

Ihesiulo Grace 2 March 2018 0

Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), says Nigeria is the only member country in the Organisation of Petroleum Exporting Countries (OPEC) that imports petrol and is currently the largest importer of Premium Motor Spirit (PMS) in the world.

Energy

Nigeria’s average petrol price per litre rise 28.4% year on year to N191 in January

Ihesiulo Grace 13 February 2018 0

Average price paid by Nigerian consumers for premium motor spirit (petrol) increased by 28.4 percent year-on-year and 11.1 percent month-on-month to N 190.9 in January 2018 from N171.8 in December 2017, according to data supplied by the National Bureau of Statistics (NBS). In a report released Tuesday the NBS indicated that Osun State topped the […]

Energy

Nigeria owes NNPC N171bn subsidy claims – Baru

Ihesiulo Grace 30 January 2018 0

The Nigerian National Petroleum Corporation, NNPC, Monday, said it is being owed N170.6 billion outstanding subsidy claims by the country. The NNPC in a statement in Abuja quoted its Group Managing Director, Mr. Maikanti Baru, as stating that the claims were for payments due it from January 2006 to December, 2015. According to the statement, […]

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