Petrol price

1 Minute

Business Economy

Marketers issue warning of potential increase in petrol price

Agency1 November 25, 2022 0 Comment

Oil marketers, on Thursday, issued a stern warning to the public, asking them to expect to buy petrol at ‘any price’. Marketers, under the aegis of the Independent Petroleum Marketers Association of Nigeria, said...

3 Minutes

Local News

FG recommends final petrol price by February as NEC submits report (See New Price)

VAM News January 19, 2022 0 Comment

The federal government may increase the price of Premium Motor Spirit (PMS), better known as petrol, to N302 per litre in February 2022 as part of the recommendation of the National Economic Council (NEC)...

Local News -3 Minutes

NLC rejects planned petrol price increase

Olorungbotemi November 25, 2021 0 Comment

By Adejayan Gbenga Gsong The Nigeria Labour Congress has called on the Federal Government to consider options to help the country embrace developmental governance and accountable leadership while rejecting the planned petroleum price...

1 Minute

Economy National

NNPC clears air on increase in petrol price, shortage of supply

Olorungbotemi November 8, 2021 0 Comment

The Nigerian National Petroleum Corporation (NNPC) has warned the public against buying Premium Motor Spirit, also known as petrol, in a panic. The NNPC also stated that it was...

3 Minutes

National

Fuel scarcity looms as private depots hike petrol price

VAM News November 2, 2021 0 Comment

Private Depots have hiked their Premium Motor Spirit (PMS) petrol price from N148/litre to N157/litre, The Nation report on Monday. The increase has discouraged the Independent Petroleum Marketers Association of Nigeria (IPMAN) members from...

2 Minutes

Economy National

Despite PIA, Petrol Price Won’t Change Until Negotiation With Labour Concluded – PPPRA

VAM News August 23, 2021 0 Comment

The Petroleum Products Pricing Regulatory Agency (PPPRA) has stated that the signing into law of the Petroleum Industry Bill does not translate to an immediate increase in the price of petrol. President Muhammadu Buhari...

National -3 Minutes

Breaking: NGF Approves Immediate Removal Of Fuel Subsidy, Agrees On New Petroleum Price

VAM News May 20, 2021 0 Comment

A committee set up by the NGF recommended a petrol price of between N408.5 per litre and N380 per litre. It called for immediate removal of fuel subsidy. Earlier, while presenting the report...