Just as the Nigeria Electricity Regulatory Commission (NERC) debunked speculations it had given the go-ahead for an increase in electricity tariffs, the Nigerian National Petroleum Company (NNPC) Ltd. assures the …
Petrol
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Seething anger is brewing in Abuja over the unexpected hike in the cost of Premium Motor Spirit (popularly called petrol) in filling stations in the Federal Capital City as residents …
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Stakeholders in Nigeria’s midstream and downstream petroleum sectors have warned that subsidy removal may push the price of premium motor spirit (PMS) popularly called petrol to as high as N750/litre. …
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Nigeria’s secret police, the Department of State Services (DSS) has given a 48-hour ultimatum to major stakeholders in downstream sector of the oil sector, especially the Nigerian National Petroleum Company …
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In a swift and sharp reaction to a trending report that Nigerians are bearing the brunt of attendant inflation, flowing from the quiet upping of the cost of petrol on …
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BusinessNews
So, when are we going to buy petrol for N400+ if NNPC petrol price without subsidy is N400/litre?
by Adminby AdminIf oil marketers insist that the lowest price the Nigerian National Petroleum Company (NNPC) Limited can sell petrol to them, if there is no subsidy, is N400/litre; then, the question …
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Not minding the hard times and inflationary trends in the country, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has added to the pains, asking its members to sell Premium …
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As part of efforts to stem insecurity in the troubled state, the Kaduna government has suspended weekly markets in Birnin Gwari, Chikun, Giwa, Igabi, Kajuru Local Government Areas (LGAs). In …
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BusinessFood
Finally, Petroleum Minister speaks; says no increase in pump price of petrol
by editorby editorIt’s been a confusing day in the country over the pump price of Premium Motor Spirit (PMS), otherwise known as petrol. It is not clear what exactly triggered the panic, …
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After negotiations with the organised labour on Tuesday in Abuja, the Federal Government has conceded to get the pump price of Premium Motor Spirit (PMS) popularly called petrol, to go …