Petrol Ex-depot Price Rises by 7.6% to N608/Litre   The Ex-depot price of petrol, yesterday, rose by 7.6 per cent to N608 per litre from N565 per litre in Lagos and environs. A visit to private depots in Lagos showed that independent marketers, who lift at N608...

Fuel Scarcity: NNPCL Warns Against Panic Buying There was a disagreement between oil marketers and the Nigerian National Petroleum Company Limited on Thursday over the supply of Premium Motor Spirit, popularly called petrol, as queues by motorists for the commodity in filling stations grew worse. Dealers...

Marketers Counter FG, Insist Fuel Subsidy Has Returned   Oil marketers, on Tuesday, countered the position of the Federal Government, as they insisted that the current pump price of Premium Motor Spirit, popularly called petrol, should not be less than N800/litre if there was no subsidy...

NNPCL Set to Fix Vandalised Pipelines Amidst Fuel Scarcity The low supply of Premium Motor Spirit, popularly called petrol, being experienced in parts of Lagos and South-Western States may drag till the end of September, and might spread to other locations if not addressed in...

Oil Marketers Lament as Diesel Price Rises to N950/per litre Oil marketers have lamented that the foreign exchange crisis and the implementation of a 7.5 per cent Value Added Tax on Automatic Gas Oil, popularly known as diesel, had pushed up the cost of the...

Fuel Price: Fresh Hike Looms As Landing Cost Rises By 37.4%   There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen...