Marketers Say Petrol May Hit N800/litre On Subsidy Removal
As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/litre once subsidy on PMS is removed.
Industry operators had...
Fuel Queues May Persist At Major Marketers’ Outlets, Says IPMAN
Oil marketers have said fuel queues at filling stations across the country may persist if consumers and motorists’ continue to buy the product at selected filling station dispensing the product below N200/litre.
The National Operations Controller,...
Fuel: Mass Supply Begins In Lagos, Three Others In January
A special joint arrangement by the Nigerian National Petroleum Company Limited and 30,000-member independent petroleum marketers will lead to mass supplies of Premium Motor Spirit, popularly called petrol in Lagos, Calabar, Port Harcourt and Ogara...
DSS Orders NNPC, Marketers To End Fuel Scarcity
The Department of State Services (DSS) on Thursday gave a 48-hour ultimatum to the Nigerian National Petroleum Corporation Limited, Independent Petroleum Marketers Association of Nigeria (IPMAN) and other stakeholders in the oil sector to resolve the current...
Kerosene Now Over N800 Per Litre
The price of kerosene used by several families have jumped to N800 per litre just as the market is beginning to adjust to the newly increased petrol and gas prices.
Market survey by our team on Tuesday showed that one...
Fuel Queues Disappear As Marketers Dispense Above N165
The queues by motorists for Premium Motor Spirit, popularly called petrol, which had persisted since February in Abuja and environs, gradually disappeared on Thursday as more filling stations joined in dispensing the product.
It was, however, observed that...