We Don't Have Control Over Fuel Price, Exchange Rate - CBN
The Central Bank of Nigeria (CBN) yesterday told the House of Representatives that it lacks control over the price of Premium Motor Spirit (PMS), popularly known as fuel, and the foreign exchange rate between...
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...
Fuel Price: Confusion As N179/litre Controversy Worsens
A document displaying the costs of Premium Motor Spirit, popularly called petrol, in various regions of Nigeria is causing confusion among PMS consumers as the Federal Government remained mute about the matter on Tuesday.
Although some operators in the...
PPPRA Says Fuel Price Remains Until FG, Labour End Negotiations
The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the downstream oil sector.
It was, however, quick to state that the negotiations between the Federal Government...
No Fuel Price Increase Without Fixing Refineries - NLC
The Nigeria Labour Congress says it has listed key issues that should be addressed before the Nigerian National Petroleum Corporation will adjust the pump price of Premium Motor Spirit, popularly called petrol.
It specifically stated that one...
Fuel Price: Buhari To Meet With State Governors, NNPC
President Muhammadu Buhari will meet with state governors and the Nigerian National Petroleum Corporation (NNPC) on Thursday to find a solution to the issue of right pricing for petrol in the country.
Rising from its meeting with...
