THE Natural Oil and Gas Suppliers Association of Nigeria, NAGOSA, and the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, have expressed optimism about reduction in the price of petroleum products…
Tag: Fuel Price
Fuel price set to increase as Petrol truck prices soar
VOICE AIR MEDIA News Update Amidst soaring inflation and foreign exchange challenges, Nigeria’s petroleum industry faces a severe upheaval as the cost of petrol trucks skyrockets from N7 million in May to…
“No More N613/L”? – Why Fuel Price to Fall as Petrol Vessels Arrive at Ports
VOICE AIR MEDIA News Update THE potential for a reduction in the pump price of Premium Motor Spirit, commonly known as petrol, is looming in filling stations run by independent marketers this…
Uncertainty Looms Over Fuel Price As Crude Oil Surges to $93.50
VAM News Update Concerns are growing over the potential hike in petrol prices in Nigeria as crude oil prices continue to rise in the international market. On Monday, the price of crude…
NNPC To Sort Fuel Price After Securing $3 Billion Loan
VAM News Update THE Nigerian National Petroleum Corporation (NNPC) Limited has obtained a $3 billion loan from the African Export-Import Bank (AfriEXIM Bank) to support the naira and stabilise the foreign exchange…
Fuel price may go up as Naira slumps— Marketers
The fall of the naira against the United States dollar, coupled with the recent rise in global crude oil prices, is making Nigerians apprehensive of a possible hike in the pump price…
New Fuel Price Confirmed – IPMAN
VAM News Update THE Independent Petroleum Marketers Association of Nigeria said the price of Premium Motor Spirit, popularly known as fuel would continue to increase as long as the US Dollar rose…
Fuel Price: CSOs Threaten Mass Protest, Give FG 7-Day Ultimatum
VAM News Update Osun Civil Societies Coalition (OCSC) has threatened to embark on mass protest if the federal government fails to put in place a palliative to cushion the effect of removal…
NNPC Announces New Fuel Price Across States
VOICE AIR MEDIA News Update THE Nigerian National Petroleum Company (NNPC) Limited has fixed the price of Premium Motor Spirit (PMS), popularly known as fuel or petrol, at N488 and N555 per…
Fuel Price Remains Unchanged, FG Insists
The federal government at the weekend insisted that the current pump price would remain for now with the expected high rate of travel during the festive period. Presently, petrol sells at N162/163…