'Why FG Must End Petrol Subsidy Now'
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has called on the Federal Government to end fuel subsidies completely.
He said the removal would help determine the actual petrol consumption in the country, as he confirmed...
NNPC Hikes Fuel Price to N897 Per Litre
The Nigerian National Petroleum Company Limited (NNPC) on Tuesday raised the pump price of petrol to N897 per litre from the official price of N617.
This is coming days after the national oil company said it was heavily...
Fuel: FG To Shut Errant Filling Stations As Pump Price Hits N1,000/Litre
Many filling stations operated by independent oil marketers have now fixed the pump prices of Premium Motor Spirit, popularly called petrol, at between N900 and N1,000/litre.
Owners of these stations seem not to care...
Report Reveals Nigeria Owes NNPC $4.9bn Fuel Debt
The Federal Government owes the Nigerian National Petroleum Company Limited, almost half of what it plans to collect in revenues this year for the petrol subsidy it reintroduced in August last year, Bloomberg reported on Monday.
The report...
Expenditure on Fuel Import Increases by 46% in Q1 2024
Nigeria’s expenditure on fuel soared to N2.6 trillion in the first quarter of 2024, representing a 46% increase from the fourth quarter of 2023.
This data comes from the latest foreign trade report by the National...
