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Fuel Queues Grow As Ex-depot Price Hits N235/Litre

Fuel Queues Grow As Ex-depot Price Hits N235/Litre   Private depots in Lagos, Port Harcourt, Calabar, among other cities, have raised the ex-depot price of Premium Motor Spirit, popularly called petrol, from the N220/litre, which it sold last week, to N235/litre. Officially, the approved subsidised ex-depot price...

Queues Persist As Petrol Stock Plunges By 5.48m Litres

Queues Persist As Petrol Stock Plunges By 5.48m Litres   The Nigerian National Petroleum Company Limited’s stock of Premium Motor Spirit, popularly called petrol, dipped by 5,481,239 litres, according to industry data released on Tuesday. Although the drop in PMS stock was marginal, queues for petrol persisted...

Marketers Kick Against N5 Reduction In Petrol Pump Price

Marketers Kick Against N5 Reduction In Petrol Pump Price         Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced by the Federal Government, fuel marketers have said it is not possible to sell the product at N162 per litre...

Petrol Price Reduction Won’t Be Immediate – Oil Marketers

Petrol Price Reduction Won’t Be Immediate - Oil Marketers   The latest reduction in the ex-depot price of petrol to N108 per litre will not translate to an immediate drop in the pump price of the commodity at filling stations, oil marketers stated on Thursday. On Wednesday,...