By Iniobong Usen, Research and Policy Advisory Lead “PETROLEUM Subsidy” has assumed a life of its own and is operating […]
RTag: Petroleum Products Pricing Regulatory Agency
Remove Fuel Subsidy Now – NEITI
The Nigeria Extractive Industries Transparency Initiative says that time has come for the federal government to remove the fuel subsidy …
Row over Fuel Subsidy
Nigerians are still suffering from scarcity of fuel as the federal government and the Major Oil Marketers Association of Nigeria bicker over fuel subsidy …
Nigeria Gets $62.9 Billion Oil Revenue
The Nigeria Extractive Industries Transparency Initiative, NEITI, says $62.9 billion accrued to the country as revenue from oil in 2012 …
Payment on Fuel Subsidy Increases
THE federal government has said that the amount payable to oil marketers as subsidy on petrol has risen by more than 1,142 percent in the past seven weeks. The information obtained from the Petroleum Products Pricing Regulatory Agency, PPPRA, website showed that the amount payable as subsidy on …
PPPRA Defends Fuel Price
The Petroleum Products Pricing Regulatory Agency is defending the decision of the federal government to peg the price of petrol at N87 …
PricewaterhouseCoopers’ Audit Report Clears NNPC
The PricewaterhouseCoopers audit report absolves the Nigerian National Petroleum Corporation of not remitting the $20 billion into the federation account …
Subsidy on Petroleum Products Increases
THE Petroleum Products Pricing Regulatory Agency, PPPRA, has said that the subsidy on Premium Motor Spirit, fondly called petrol has increased to N12.27 per litre. This is the highest since the federal government reduced the pump price of the product to N87 per litre on Sunday January 18. …
FG Owes Major Oil Marketers N250 Billion
THE Major Oil Marketers Association of Nigeria, MOMAN, has decried the non-payment of an outstanding N250 billion subsidy claims for 2014. Obafemi Olawore, executive secretary, MOMAN, said the outstanding N250 billion claims include accumulated interest and foreign exchange differentials. He …
The Rift that Never Was
– Ohi Alegbe, group general manager, group public affairs division, Nigerian National Petroleum Corporation, dismisses media reports insinuating that there […]
Stirring the Hornet’s Nest
– Diezani Alison-Madueke, minister of petroleum resources, awakes the sleeping lion by canvassing for the removal of subsidy on petrol […]
War Against Fuel Scarcity
– Diezani Alison-Madueke, minister of petroleum resources, pays surprise visits to petrol stations in Lagos during which she accused petroleum […]
NNPC, Everybody’s Butt
– More organisations have joined in whistle-blowing against the failure of the Nigerian National Petroleum Corporation to remit oil revenue […]
Petrol Scarcity without End
– As Nigerians continue to groan under the biting fuel scarcity, there seems to be no clear cut assurance as […]
PPPRA Activities Attract Investments
– THE Petroleum Products Pricing Regulatory Agency, PPPRA, claims to have attracted investments worth more than N70 billion to the […]
Forensic Auditors to the Rescue
– The federal government appoints forensic auditors to examine the accounts of the Nigerian National Petroleum Corporation, its subsidiary and […]
Kerosene Subsidy Debate
– Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria, refutes claims by the Nigerian National Petroleum Corporation, that […]
Fuel Subsidy Payment Brouhaha
– Despite the assurance given by the Nigerian National Petroleum Corporation that the country is wet with fuel, oil marketers […]