Fuel Hits N250/litre In Abuja, Others, Queues Persist   Some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit at between N200/litre to N250/litre on Sunday, higher than the government-approved retail price of N165/litre, as queues for the product extended to more...

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...

Buhari Set To End Fuel Scarcity, Approves Upward Review Of Oil  President Muhammadu Buhari has approved the upward review in freight rate for transporters to alleviate the challenges associated with the distribution of Premium Motor Spirit, PMS, nationwide. Report shows that the approval may bring an...

Aviation Fuel Now N714/Litre   There are fears that, at least, three domestic airlines may close shop in the coming months due to the continuous rise in the price of Jet A1, otherwise known as aviation fuel. The Airline Operators of Nigeria (AON) has raised the alarm...

High Crude Prices Increase Aviation Fuel By 121.4% To N620/Litre   The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of...

Airlines Groan As Aviation Fuel Exceeds N600 Per Litre   There is no end in sight to the precarious situation airlines are facing over aviation fuel, known as Jet A1, as the price skyrocketed to an all-time high of N607 per litre yesterday – an increase...