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All posts tagged "PPPRA"

  • Nigerians spent N334.34billion on petrol in first quarter of 2013 — Report

    Nigerians may have spent about N344.34bn on petrol in the first quarter of this year going by consumption figures supplied by the Petroleum Products Pricing Regulatory Agency. The Executive Secretary, PPPRA, Mr. Reginald Stanley, had during an...

    • Posted April 24, 2013
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  • PPPRA Secretary Embarrassed by National Assembly, Walked Out of Session

    For not being able to give clear account and information on the amount that accrued from the sale of kerosene at 15 kobo per litre the Executive Secretary of the Petroleum Product Price Regulatory Authority (PPPRA) Mr. Reginald...

    • Posted November 29, 2012
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  • Fuel Subsidy Probe II: PPPRA Boss Accused of Making False Submissions to Senate Committee

    The Senate Committee Investigating the Fuel Subsidy Scheme has been bamboozled by the submission of conflicting information regarding total subsidy payments attributable to 2011. The Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA) has been...

    • Posted May 31, 2012
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  • Swiss Oil Company, NIMEX, Sanctioned by PPPRA

    The Petroleum Products Pricing Regulatory Agency (PPPRA) has penalized a Swiss Oil trading firm for violating its policies regarding the supply of Petrol to Nigerian marketers. NIMEX Petroleum Limited was penalized for failing to provide documentation relating...

    • Posted May 7, 2012
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  • Subsidy Report: Details on How NNPC and PPPRA Mismanaged TRILLIONS of Naira

    The Honourable Farouk Lawan led ad-hoc Committee on Fuel Subsidy Investigation submitted its report to the House yesterday and its revelations highlight the vast depth and breadth of corruption in Nigeria, especially in the oil sector. The...

    • Posted April 19, 2012
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  • PPPRA tells Marketers, Bankers: Rest Assured, Subsidy Payments will be made in 2012

    In order to forestall any shortages that may arise in the supply and availability of petroleum products in the country, the Petroleum Products Pricing Regulatory Agency (PPPRA) has sent clear signals to importers and their financier, Nigerian...

    • Posted February 20, 2012
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  • NNPC, PPPRA overdraw subsidy by N1.079tr in nine months – RMFAC

    Drama, accusations and rising temper characterised yesterday’s investigation by the House of Representatives into the non-remittance of N450 billion into the Federation Account. Federal Government top officials openly disagreed and confronted each other over the operations of the Nigerian...

    • Posted November 2, 2011
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  • PPMC Places Order for Shiploads of Petrol

    Ahead of the April general elections, the Pipelines and Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has placed orders for delivery of shiploads of petrol to the market. Also, major and...

    • Posted March 27, 2011
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