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The Department of Petroleum Resources (DPR) and Petroleum Products Pricing Regulatory Agency (PPPRA), yesterday, said it has intensified petroleum products monitoring and surveillance activities across the country, aimed at forestalling any hitch in fuel supply during the Yuletide.
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The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, is currently paying N18.68 per litre as subsidy on Premium Motor Spirit, PMS, also known as petrol, according to data obtained yesterday, from the Petroleum Products Pricing Regulatory Agency, PPPRA.
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By Michael Eboh Petroleum Products Pricing Regulatory Agency (PPPRA), yesterday, stated that henceforth, any marketer who fails to display prices of petroleum products at their retail outlets, also called filling stations, as stipulated by the law, would be sanctioned. In a statement in Abuja, General Manager, Corporate Services of the PPPRA, Mr Apollo Kimchi, said
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The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that the supply of Premium Motor Spirit, also known as petrol, dropped by 10.78 million litres to 50.22 million litres per day, since the commencement of the partial closure of the country’s borders.
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The Petroleum Products Pricing Regulatory Agency (PPPRA) says that the utilisation of liquefied petroleum gas (LPG), also known as cooking gas, has risen from 40,000 metric tonnes (MT) in April to 78,000 metric tonnes in July.
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The Petroleum Products Pricing Regulatory Agency (PPPRA) says that the utilisation of liquefied petroleum gas (LPG), also known as cooking gas, has risen from 40,000 metric tonnes (MT) in April to 78,000 metric tonnes in July.
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The Petroleum Products Pricing Regulatory Agency (PPPRA) says it will commence a comprehensive audit and survey of downstream oil and gas logistic facilities in the country.
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The Petroleum Products Pricing Regulatory Agency, PPPRA, Sunday, advised motorists to desist from panic buying, stating that there is currently enough quantity of the commodity to last the country 21 days.
Read More It is often said that necessity is the mother of invention. The crises that bedevilled the petroleum products supply chain, especially Premium Motor Spirit (PMS), informed the Federal Government’s decision in May 2003 to set up the Petroleum Products Pricing and Regulatory Agency, PPPRA.
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ABUJA—Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, described as false, claims by Budget Office that it failed to remit N1.34 trillion of its Internally Generated Revenue, IGR, to Consolidated Revenue Fund, CRF, domiciled in the Central Bank of Nigeria, CBN.
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