Fuel Subsidy Removal and the Needless Furore By Maryam I. Shettima     Mr. President is in the eye of the storm for realizing the inevitable expungement of the fuel subsidy in Nigeria. There have been furore and knee jerk reactions by some people who think the decision...

Nigeria’s Fuel Import Bill Rises 42% To N1.09trn       Nigeria spent N1.09 trillion to import Premium Motor Spirit, PMS, also known as petrol, in the first six months of 2020, rising by 42.3 per cent, compared to N766.06 billion recorded in the same period in 2019,...

Nigerian Households Spent N2trn On Electricity, Fuel In 2019 – NBS     Households in Nigeria spent a total of N2.02tn on fuel and electricity in 2019, the National Bureau of Statistics has said. The NBS said in a new report on consumption expenditure pattern that household expenditure...

Be Ready To Pay Higher For Fuel, Says PPPRA   Nigerians should be ready to pay high or low prices for petrol following the price liberalisation scheme currently in place, the Petroleum Products Pricing Regulatory Agency said on Monday. The PPPRA is also engaging with the Central...

Oil Prices Fall As Fuel Demand Sinks   Oil prices fell on Wednesday despite a massive pending United States economic stimulus package as the coronavirus pandemic sharply dented US fuel demand in the latest week, with traders bracing for further declines. Demand for oil products, especially jet...

Era Of Fuel Scarcity Is Over In Kano, Says IPMAN   Kano state Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN) Alhaji Bashir Ahmad Danmallam has described the success of ‘Operation White Project’ introduced by NNPC in 2019 as the key that dealt with fuel...