
Nigerian National Petroleum Corporation (NNPC)







The group had stages a protest recently at the Sterling Oil head office, to demand that the company abide by the NOGICD act, and employ more Nigerians.

About 12 oil cargoes carrying Nigerian crude oil have remained unsold since March 10, 2025, as cheaper alternatives from Kazakhstan and the US flood the market.

Petroleum oil marketers have made price adjustments at filling stations in anticipation of further price crashes by NNPC and Dangote due to a fall in landing costs

The Independent Petroleum Marketers Association of Nigeria has reacted to the six-month petrol stability proposal by the Petroleum Products Retail Outlet Owners.

The N100 billion suit questions the government's decision to still issue fuel importation licenses even when a domestic refinery has shown capacity.

The landing cost of petrol has crashed again to N797.83 per litre from N851.76 as of Friday, March 14, 2025. The development may spark another price war.

Due to shifts in the global oil market, currency devaluation, and reductions in subsidies, the monthly fuel prices in some African nations rose significantly.

There are heated arguments about what the continued fuel importation portends for the downstream petroleum sector, especially as NNPC/Dangote price war continues.

Petroleum product marketers have projected that the price war between the Dangote Refinery and the NNPC could lead further price reductions to N500 per litre.
Nigerian National Petroleum Corporation (NNPC)
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