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. …
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…
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…
If 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…
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…
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…
It’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,…
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…
The ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to N155.17 per litre from N147.67, courtesy of the Petroleum Products Marketing Company (PPMC), a subsidiary…
The Nigerian National Petroleum Corporation, NNPC, paid itself N1.53 trillion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in three years and six months, from January 2017…
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