This was disclosed by Petroleum Products Pricing Regulatory Agency (PPPRA) in a circular.
Shell estimated its oil sales volumes in Q2 2020 to be between 3.5 million to 4.5 million barrels per day.
The National Assembly in conjunction with stakeholders have stopped the planned tariff hike scheduled for July 1
The project will boost domestic gas consumption, power generation, and industrialization.
The absence of a market reflective tariff had continued to have a negative impact on the sector.
The review is in accordance with regulatory policies to reflect current macroeconomic realities of the country.
Chunk of monthly loss of over N30 billion incurred from the large number of customers engaged in energy theft.
The CEO explained how they achieved this success in an exclusive interview with Nairametrics.