Fuel Subsidy: Mixed Reactions as Long Queues Return to Filling Stations   Barely 24 hours after President Bola Ahmed Tinubu announced his decision to implement the subsidy removal policy of his predecessor, President Muhammadu Buhari, there has been a quick return of long queues at various filing...

IPMAN to FG: Give us Time to Adhere With Pump Price The Independent Petroleum Marketers Association of Nigeria has appealed to the Federal Government for more time to sell Premium Motor Spirits at the official price of N195 per litre. The Vice Chairman of IPMAN,...

Fuel Now N600 Per Litre In Ondo State   Scores of motorists in Ondo State have continued to decry the lingering scarcity of Premium Motor Spirit, otherwise known as petrol, and the hike in the price of the commodity by marketers. Oluwaseun Ogunmola, one of the motorists,...

Fuel Pump Price: Depot Owners Shun FG’s Directive, Marketers Give Conditions   Oil marketers on Sunday gave the Federal Government conditions that should be met in order to retain the pump price of Premium Motor Spirit, popularly called petrol, at N165/litre. According to them, the cost of...

Insecurity, Others Push Up Inflation To 14.9%         There are indications that the rising insecurity, border closure, increases in Value Added Tax (VAT), pump price of fuel, electricity tariffs and exchange rates have combined to further pressure headline inflation rate to 14.9 percent in November, 2020. This...

Reps Minority Caucus Rejects Fuel Pump Price Increase     The minority caucus in the House of Representatives has condemned the increase in the pump price of Premium Motor Spirit (petrol) from N148 to N151.56k per litre. The Petroleum Product Marketing Company, on Wednesday, announced that the Nigerian...