Petrol Archives - Page 8 of 9 - Voice Air Media

2 Minutes

Politics

Petrol subsidy would go immediately I become president, Peter Obi gives reason

VAM News January 9, 2023 0 Comment

THE NEWS YOU NEED Peter Obi, presidential candidate of the Labour Party (LP), has described the petrol subsidy regime in Nigeria as “organised crime”. Obi said this on Sunday during a town hall meeting...

1 Minute

Business National

Petrol: 22 Fuel Stations Sealed In Osun, Kano For Selling Above Approved Price

VAM News January 6, 2023 0 Comment

VOICE AIR MEDIA THE Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed 14 stations in Kano and another eight in Osun State for selling fuel above the approved pump price. The NMDPRA...

3 Minutes

Economy National

Petrol, electricity subsidies benefit only wealthy households – W’Bank asserts

Agency1 November 22, 2022 0 Comment

The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a statement on the bank’s website announcing the launch of the new...

2 Minutes

World News

How Petrol Pump Price Rose By 91 Per Cent In Six Years – Report

VAM News May 8, 2022 0 Comment

The cost of fuel pump increased from N87 per litre as of December 2015 to N165.77 by December 2021, showing an increase of 90.54 per cent. This is according to the Fuel Pump Price...

2 Minutes

Local News

JUST IN: Petrol Sells for N1000 Per Litre As Residents Take Important Action In Abuja

VAM News February 15, 2022 0 Comment

Nigerians have resorted to trekking as fuel scarcity in the Federal Capital Territory, FCT bites harder. VAM News recalls that the Nigerian Midstream and Downstream Petroleum Regulatory Agency, Mr Farouk Ahmed, had assured Nigerians...

3 Minutes

Economy National

Petrol to sell for N340 after Subsidy Removal – NNPC

VAM News November 24, 2021 0 Comment

Going by the words of Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, petrol will sell for between N320 and N340 per liter from February, next year....

2 Minutes

Local News

Police Arrest Business Women Dealing In Conveyance Of Petrol To Bandits

VAM News September 24, 2021 0 Comment

A team of policemen, operating along Katsina-Jibia road have arrested a mother, her daughter, alongside another woman, for concealing petrol in their bag to take to bandits in the forest. ...

2 Minutes

National

Labour Reacts As FG Plans To Hike Electricity, Petrol

VAM News August 31, 2021 0 Comment

The organised labour has urged the Federal Government to refrain from any plan to increase the price of electricity or petrol to avert crisis in the economy. Mr Babatunde Olatunji,...

3 Minutes

Economy National

DPR: Petrol Price May Increase To N1,000 Per Litre If Subsidy Is Removed

VAM News July 20, 2021 0 Comment

The Department of Petroleum Resources (DPR) has stated that the pump price of petrol in Nigeria may rise to N1,000 per litre when the petrol subsidy regime ends without an alternative energy source. Recall...

2 Minutes

National

Petrol Price To Increase After Buhari Signs PIB Bill

VAM News July 13, 2021 0 Comment

Timipre Sylva, minister of state for petroleum resources, says petrol subsidy will be removed after President Muhammadu Buhari signs the Petroleum Industry Bill (PIB) into law. The senate passed the PIB on July 1....