As countries of the world continue to battle the spread of coronavirus, oil prices crashed below $20 amid a supply glut on Monday. Brent crude fell to $22.58 per barrel…
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petroleum
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News
Balarabe Musa Reveals how Govt workers, marketers connive to create artificial petrol scarcity
by Damilare Salami December 29, 2017A former governor of the old Kaduna state, Balarabe Musa has blamed the current petrol crisis on activities of saboteurs in the oil industry. Musa told NAN on Thursday that…
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The Federal Executive Council has mandated the Minister of State for Petroleum, Ibe Kachikwu, to end the fuel queues across the country by the end of this week. The directive…
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News
Presidency orders finance minister to pay petroleum marketers N150bn debt
by Arinze Ago January 26, 2017The federal government yesterday ordered the immediate payment of the N150billion Petroleum Equalisation Fund owed petroleum marketers in the country. The order was reportedly given at a meeting between the…