THE federal government has quietly approved N180-N185 per litre as the new official pump price range for petrol as the black market continued to boom in Lagos and other parts of the country on...
Read More
3 Minutes
1 Minute
Marketers issue warning of potential increase in petrol price
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...
Read More
3 Minutes
FG recommends final petrol price by February as NEC submits report (See New Price)
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)...
Read More
NLC rejects planned petrol price increase
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...
Read More
1 Minute
NNPC clears air on increase in petrol price, shortage of supply
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...
Read More
3 Minutes
Fuel scarcity looms as private depots hike petrol price
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...
Read More
2 Minutes
Despite PIA, Petrol Price Won’t Change Until Negotiation With Labour Concluded – PPPRA
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...
Read More
Breaking: NGF Approves Immediate Removal Of Fuel Subsidy, Agrees On New Petroleum Price
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...
Read More
