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Fuel Price Hike: NLC, FG Resume Today

The Nigeria Labour Congress led by Mr. Ayuba Wabba and the Federal Government will resume the suspended talks on the N145 fuel pump price today. The Director in charge of Press at the Ministry of Labour and Employment, Mr. Samuel Olowookere, said in a statement...

Fuel Price Hike Is Unjustified –David West

...Insists petrol can sell for N40 per litre FORMER Minister of Petro­leum and Energy, Prof Tam David-West, has blasted the Federal Government for in­creasing the price of Premium Motor Spirit (PMS) from N86.50kobo per litre to N145, saying it is unjustifiable. It is nonsense. In an...

Expect Gains Of Fuel Price Hike In One Month – IPMAN

…Urges Nigerians to boycott strike action Independent Marketers Association of Nigeria (IPMAN) has disclosed that the country would start reaping the benefits of the new pump price of Premium Motor Spirit, PMS, also known as petrol, in less than one month, which might include a...

Fuel Price Hike: Naira in Free Fall Against Dollar, Now N341

The Naira fell to 341 against the United States dollar at the parallel market on Thursday (May 12, 2016) from 321 following Wednesday’s removal of subsidy on petrol and the announcement of N145 per litre as the maximum pump price. The local currency was trading...

Protests in Abuja, Ondo, Anambra over fuel hike

-Nationwide strike looms as NLC, TUC hold emergency meeting -Queues persist as hawkers flood streets -Tinubu, Kalu back policy The stage is set for another round of protests over the hike in the pump price of Premium Motor Spirit (PMS) otherwise known as petrol from N86 to...