The Petroleum Merchandise Pricing Regulatory Company (PPPRA) has mentioned that the Federal Authorities has spent a complete of N8.94 trillion on oil subsidy between 2006 and 2015. PPPRA said this in a doc on subsidy cost launched in Abuja on Monday, NAN stories. The company mentioned that the subsidy was paid to the Nigerian Nationwide Petroleum Company (NNPC) and oil …
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PPPRA
Nigeria’s oil sector: PEF, PPPRA to be merged
The federal authorities says the Petroleum Equalisation Fund (PEF) and Petroleum Merchandise Pricing Regulatory Company (PPPRA) shall be merged. Timipre Sylva, Minister of State for Petroleum Sources, mentioned this whereas briefing newsmen on Thursday. He famous that the oil sector regulatory businesses will turn into one as contained within the new Petroleum Trade Invoice (PIB). “PEF and PPPRA will emerge …
Read More »Petrol Worth: PPPRA Affirms Its Stand On Worth Management
The Petroleum Merchandise Pricing Regulatory Company, PPPRA, has reaffirmed its stand on giving tips for gas value to grease entrepreneurs. In response to the company, if the likes of the Central Financial institution of Nigeria (CBN) can regulate all banks, financials sectors underneath its supervision, and as properly the Nigerian Communications Fee, NCC, may regulate the telecommunications, it shouldn’t be …
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