Fuel Price Hike Violates Our Agreement With FG – NLC       The Nigeria Labour Congress has rejected the fuel price hike from between N158 and N160 per litre to between N168 and N170, stating that it has worsened the level of anguish in the country. It noted...

Fuel, Power, VAT Increments Due To Tariff Hike – DSTV       MultiChoice Group, owners of the DSTV, has blamed the recent hikes in its subscription tariffs on high cost of production, especially the increment of Valued Added Tax and poor power supply leading to provision of...

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...