NNPC reduces fuel costs
Premium Motor Spirit (petrol) is now less expensive at all of the Nigerian National Petroleum Company Limited’s (NNPCL) retail locations in the Federal Capital Territory,… Read More »NNPC reduces fuel costs
fuel
Chidoka: Fuel Prices in Nigeria Place a Heavy Burden on Minimum Wage Earners
Osita Chidoka, the former minister of aviation, has drawn attention to the discrepancy between the price of fuel and the minimum wage in Nigeria. Chidoka… Read More »Chidoka: Fuel Prices in Nigeria Place a Heavy Burden on Minimum Wage Earners
Mr. President: Affordable Fuel is Possible at Zero Subsidy
Yesterday evening, I listened attentively to a panel of experts and stakeholders on the BBC program Ra’ayi Riga, anchored by Umaima Sani Abdulmumin. The… Read More »Mr. President: Affordable Fuel is Possible at Zero Subsidy
Fuel shortage threatens as NNPCL portal closure stalls flow of fuel.
Concerns have been made by petroleum marketers regarding the shutdown of the Nigerian National Petroleum Company Limited (NNPCL) portal, which was used to purchase Premium… Read More »Fuel shortage threatens as NNPCL portal closure stalls flow of fuel.
We Didn’t Ask NNPCL To Sell Fuel Above Recommended Pump Price — FG
The Federal government has dismissed viral reports suggesting that the Ministry of Petroleum has ordered NNPCL to sell fuel at N1000, above the approved… Read More »We Didn’t Ask NNPCL To Sell Fuel Above Recommended Pump Price — FG
Nigeria Spends ₦2 Trillion Monthly on Fuel Imports, Says President Tinubu
By Milcah Tanimu President Bola Tinubu has revealed that Nigeria is currently expending ₦2 trillion monthly on importing petrol and diesel. This disclosure was… Read More »Nigeria Spends ₦2 Trillion Monthly on Fuel Imports, Says President Tinubu
FG Spends $600m on fuel importation monthly – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600m on fuel importation monthly.… Read More »FG Spends $600m on fuel importation monthly – Edun
NNPC Ltd says logistics challenges, flooding, cause of fuel queues
…as Stakeholders vow to restore normalcy BY SAM OTUONYE Nigeria National Petroleum Company Limited (NNPC Ltd) has disclosed the reasons why Abuja, the Federal Capital… Read More »NNPC Ltd says logistics challenges, flooding, cause of fuel queues
Motorists groan in long queues as hike in pump price of petrol increases daily
Motorists and residents of Ughelli in Ughelli North Local Government Area of Delta have continued to lament as pump price of PMS rises to #450… Read More »Motorists groan in long queues as hike in pump price of petrol increases daily
Fuel prices jump as FG increases petrol price to N185 per litre
The Federal Government has officially increased the price of petrol by 8.8 per cent to N185 per litre, from N170 per litre. The ex-depot price… Read More »Fuel prices jump as FG increases petrol price to N185 per litre
Fuel subsidy ‘an organised crime’ – Peter Obi
The presidential candidate of the Labour Party (LP), Peter Obi, has described the Nigerian government’s controversial subsidy regime as “an organised crime.” Mr Obi, speaking… Read More »Fuel subsidy ‘an organised crime’ – Peter Obi
Petrol subsidy not sustainable – IPMAN
The Independent Petroleum Marketers Association of Nigeria (lPMAN), says subsidy on Premium Motor Spirit, popularly known as petrol, is no longer sustainable. Mr Mike Osatuyi,… Read More »Petrol subsidy not sustainable – IPMAN
Flood: IPMAN seeks reversal of fuel price hike in Bayelsa
BY WARIYAI DANIEL Bayelsa born business mogul and the State Chairman of the Independent Petroleum Marketers of Nigerian (IPMAN), Hon. Bello Bina has called for… Read More »Flood: IPMAN seeks reversal of fuel price hike in Bayelsa
Scarcity: FG to sanction erring fuel stations, maintains N165 pump price
The Federal Government has threatened to sanction any fuel stations or depot selling above the stipulated approved pump price of Premium Motor Spirit (PMS). The… Read More »Scarcity: FG to sanction erring fuel stations, maintains N165 pump price
Oil Prices Steady as Omicron Worries Linger
Oil prices steadied on Tuesday after a sharp fall in the previous session as investors worried about the rapid spread of the Omicron coronavirus variant… Read More »Oil Prices Steady as Omicron Worries Linger