Fed Govt, Labour To Consider Electricity, Fuel Price Reports Feb 22       The Federal Government and the organised labour will reconvene on February 22 for the consideration of the reports of the bipartite technical committees on fuel price and electricity tariff. The Minister of Labour and Employment,...

Oil Marketers Refuse To Obey N5 Reduction In Petrol Price         Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week. After meeting with officials of...

FG Inaugurates Fuel Pricing Committee, New Price Regime Begins         The Federal Government has inaugurated the ‘Bipartite Plus Committee’ on technical framework on the pricing of Premium Motor Spirit popularly known as petrol. This is happening as the new price regime for PMS announced last week by...

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...

Fed Govt Reduces Price Of Petrol To N162.44 Per Litre         The Federal Government has reduced the pump price of premium motor spirit otherwise know as petrol from N168 per litre to N162.44 per litre effective from December 14, 2020. Minister of Labour and Employment, Chris Ngige...

NNPC Begs Labour For One Week Grace To Consult On Reversal Of Fuel Price         The Nigeria National Petroleum Corporation, NNPC, on Thursday night, requested that the organized labour should give it one week to consult on the reversal of the increase in pump price of...