By Magnus Onyibe The popular saying, “The morning foretells the evening,” seems to defy logic in Nigeria’s case. The economy, which turned frosty after President Bola Tinubu introduced radical reforms 18 months ago, now appears to be thawing rather than worsening, contrary to the predictions of critics. Rather than witnessing a continued decline in living […]
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Olayiwola Oshunrinade The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) from ₦990 per litre to ₦970 per litre for marketers. The announcement was made in a statement issued by Anthony Chiejina, the Group Chief Branding and Communications Officer. The statement read: “As the year comes to an […]
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Olayiwola Oshunrinade Barely two months after the September completion deadline flop, the Nigerian National Petroleum Company Limited, NNPCL, has explained why it could not deliver the much-awaited Port Harcourt Refinery Company. In an interview on Monday, the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, said the company encountered risks and challenges while carrying out the […]
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Olayiwola Oshunrinade The Independent Petroleum Marketers Association of Nigeria says over 30,000 of its members are set to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery in bulk. IPMAN also revealed that the price of petrol from the $20 billion Lekki-based plant was N940/litre and N990/litre when purchased using ships and […]
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