Tinubu Cancels ₦7.58trn NNPC Debt
With reasons, Tinubu administration approves cancellation of ₦7.58trn NNPC debt.
NNPC
NNPCL Slashes Petrol Price by ₦80
NNPCL has reduced petrol prices by ₦80 per litre,marking its third price cut in December 2025.
NNPCL, other Nigerian filling stations slash fuel price
NNPCL and independent marketers have cut petrol prices as ex-depot rates continue to decline.
Dangote Assures Nigerians of Stable Yuletide Fuel Supply, Declares Queue-Free Era
The President of Dangote Group, Alhaji Aliko Dangote, on Friday assured Nigerians that the long-standing issue of nationwide fuel queues has come to an end, guaranteeing seamless petrol availability throughout the festive period. Speaking with journalists at the State House in Abuja after a meeting with President Bola Ahmed Tinubu, Dangote revealed that the refinery … Read more
Petrol Surpass N1,000 per Litre as Tinubu Approves 15% Import Tariff
Following approval of a 15% import tariff, petrol price soar above N1,000 per ltr.
Cooking Gas Hits ₦2,000 Per Kg as NNPC Blames Union Strike
NNPC boss Bayo Ojulari says the spike in cooking gas prices to ₦2,000/kg was caused by PENGASSAN’s recent strike, which disrupted loading and distribution.
Presidency Clears Air on Viral ‘5% Fuel Tax’ Report
The Presidency has clarified the Federal Government’s plan to impose a five percent tax on all fossil fuel sales from January 2026, stating that the Finance Minister will determine the actual implementation date. Reports have suggested that Nigerians buying petrol could pay an additional ₦45 per litre in 2026 if pump prices remain around ₦900. … Read more
Presidency opens up on Alleged ‘Forceful Resignation’ of Ojulari as NNPC Chairman
The Presidency has described the alleged resignation of Bayo Ojulari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, as “false and rubbish.” Sunday Dare, a presidential spokesperson, made this clarification in a terse statement on Saturday night. “Not true,” he told DAILY POST. Also, a Presidency source speaking to … Read more
NNPC Boss Ojulari Allegedly Forced to Resign
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari, has allegedly been forced to sign a resignation letter. This is according to a Peoples Gazette report on Saturday. According to the report, Ojulari was abducted on Friday and pressured to sign a resignation letter by Ola Olukoyede, chairman of … Read more
After $3b repairs, NNPC Considers Selling Nigeria’s 445,000 bpd Refineries
The Nigerian National Petroleum Company (NNPC) Limited is considering offloading its state-owned refineries after years of costly rehabilitation efforts that have yielded limited results. Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, disclosed that the company was reassessing its entire refinery strategy. Stating that it may take a different direction following a comprehensive internal … Read more