Further Petrol Price Hike Likely, Marketers Warn Nigerians     Fuel marketers across the country adjusted their pump prices on Thursday to between N158 and N162 per litre of petrol, saying a further increase in global crude oil prices would push the pump price of petrol higher. Petrol...

Oil Marketers Deny NNPC On N5.35bn Petrol Subsidy Payment       Oil marketers on Monday expressed surprise over the resurfacing of petrol subsidy in June 2020 as disclosed by the Nigerian National Petroleum Corporation in its latest operations report. According to marketers of petrol, the government had since...

Marketers Stockpile Petrol, August Price May Hit N150/litre   Filling station owners are currently in panic buying mood, as many of them are stockpiling products ahead of the announcement of a new pump price for petrol in August, investigation has shown. It was also gathered that the...

Marketers Imported 536,000MT Of Petrol After Deregulation - PPPRA     0il marketing companies imported 536,000 metric tonnes of petrol after the downstream sector was deregulated on March 19 this year, the Petroleum Products Pricing Regulatory Agency has said. Before March 19, 2020, the Nigerian National Petroleum Corporation...

PPPRA Shouldn’t Decide Petrol Price Alone – Marketers     The review of petrol price should not be solely managed by the Petroleum Products Pricing Regulatory Agency, oil marketers said on Sunday. Since March 19, 2020, the PPPRA had been releasing guiding prices for Premium Motor Spirit (petrol)...

Oil Marketers Can’t Fix Petrol Price - FG     The Federal Government has said oil marketers are not free to fix the price of Premium Motor Spirit, popularly called petrol. A statement in Abuja on Sunday by the Petroleum Products Pricing Regulatory Agency said the government had...