Reps summon PPPRA boss over unremitted N1.62bn IGR
The House of Representatives has summoned the Executive Secretary of Petroleum Product Pricing Regulatory Agency (PPPRA), Mr Abdukadir Saidu, over unremitted N1.62 billion Internally Generated Revenue (IGR) to the Federation Account. The Chairman, House Committee on Finance, Rep James Faleke, gave the directive at an investigative hearing into alleged 30 billion dollars annual revenue leakage on […]
New Fuel Price: N3:80 Sets NNPC, PPPRA, Marketers on collision course — Stakeholder
Barring last-minute interventions from the Presidency over the new adjustment in the prices of petroleum products in the country, the Nigerian National Petroleum Corporation, Petroleum Products Pricing Regulating Agency and Petroleum marketers are set on a collision course that is likely to affect the distribution of products in the country.
PPPRA allays concerns over fuel price hike
…Says deregulation would force down price …Oil marketers import 536,000MT since resumption By Michael Eboh The Petroleum Products Pricing Regulatory Agency (PPPRA), yesterday, allayed concerns over the recent hike in the pump price of Premium Motor Spirit (PMS) also known as petrol, assuring Nigerians that the deregulation of the downstream petroleum industry would, in the […]
Full deregulation of oil & gas sector will force down PMS price – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) says full deregulation of the downstream oil and gas sector will help force down price of Premium Motor Spirit (PMS) also known as petrol. The agency made this known in a statement signed by its Executive Secretary, Mr Saidu Abdulkadir in Abuja, on Sunday. The News Agency of […]
PETROAN rejects strike, opts for dialogue on petrol price
By Emma Amaize PETROLEUM Products Retail Outlets Owners Association of Nigeria, PETROAN, has dissociated members from the call by pressure groups in the downstream sector of the oil and gas industry to embark on strike to protest federal government’s incessant changes in the pump price of petrol. The federal government through the Petroleum Products Pricing […]
How fuel stations adjusted price after PPPRA ‘guiding mark’
By Michael Eboh Petrol stations across the country have adjusted their pump price of Premium Motor Spirit, PMS, also known as petrol, to N143.80 per litre in line with the guiding price of between N140.83 and N143.80 per litre advised by the Petroleum Products Pricing Regulatory Agency, PPPRA. In their surveillance of petrol retail outlets […]
