Private firms in Nigeria can start importing fuel from June 2023 as the Nigerian National Petroleum Company Limited (NNPCL) shifts to cash payments instead of crude oil swap contracts.
Mele Kyari, the Group CEO of NNPCL, made this announcement during an interview with Reuters on June 3.
This transition aligns with President Bola Tinubu’s plan to deregulate the fuel market and ease the government’s financial burden.
Discover the call for transparency as NLC President demands disclosure of subsidy recipients and challenges fuel pump price determination by a private company.
The article highlights the invalidity of market forces due to the sector’s lack of competition.
Strike action looms as Comrade Joe Ajaero emphasizes unity and confirms the scheduled commencement.
the Anambra State Teachers Examination Result 2023/2024. Access your CBT results conveniently from home with our step-by-step instructions. Gain insights into the ASUBEB result, ASUBEB posting, and the PPSSC Anambra State Exam Result. Understand the examination process, recruitment transparency, and the significance of accurate login details.
Get the latest update on Tinubu’s minimum wage review in Nigeria.
President Tinubu emphasizes the need to reflect current realities and improve the livelihood of Nigerians.
Find out more in this insightful article.
Get the latest updates on the NDLEA recruitment oral interview exercise for the Superintendent Cadre and the shortlisted candidates for the Narcotic Agent/Narcotic Assistant Cadre.
Check the designated centres, dates, and requirements. Prepare for success in this crucial stage of the recruitment process.
The end of fixed fuel prices in Nigeria’s Fuel Market , the role of President Bola Tinubu, and the market-driven approach are explored.
Learn about the implications, the impact on Nigeria’s energy sector, and the importance of a competitive domestic energy industry.
Discover how reducing import tariffs for food processing companies can mitigate the effects of fuel subsidy removal in Nigeria.
Learn about the importance of palliative measures and social sensitivity in fuel pricing.
Find out how these measures aim to alleviate the burden on citizens and support the economy during this transitional period.
Ndlea Shortlist 2023: Discover the NDLEA Shortlisted Candidates for 2023. Download the final list PDF, follow our step-by-step guide, and get ready for the NDLEA Aptitude Test.
Discover effective strategies and tips for DSSC success. This comprehensive guide is designed to help shortlisted candidates maximize their potential and excel in their career journey.
Tingo Mobile PLC boosts Nigerian agriculture with a significant three billion Naira loan, aiming to invigorate food production, export, and agricultural development.
The investment marks a turning point for Nigerian farmers, driving sustainable growth and global market access, while supporting food security and economic stability.