Nigeria's petrol prices may further increase as NNPC's VP Downstream, Adedapo Segun, advocates free market conditions to eliminate queues.
Tilewa Adebajo says Ministry of Finance Incorporated must play a pivotal role in improving governance and financial management of NNPC.
Kelvin Emmanuel: "I’m only going to believe NNPC when I see trucks leaving the Port Harcourt refinery with actual derivatives."
Kelvin Emmanuel has blamed NNPC for Dangote having to import crude, and urged the National Assembly to commence a probe.
NNPC has denied inflating petrol subsidy claims by N3.3 trillion, asserting it will resist being drawn into fuel subsidy politics.
He said the loan is taking effect as it helps to stabilize the financial system and acute FX shortage
"Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country.”
There was relief in the forex market on Wednesday, as the naira appreciated at both the official I&E forex window…
The company is also frantically working to spud the Wadi-B in Borno state, tentatively by the second week of August.
Oil exploration in the Middle Benue trough will lead to greater prosperity and energy security, Buhari said.
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