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Petrol Landing Cost Now N264.65/litre

Petrol Landing Cost Now N264.65/litre     The landing cost of the Premium Motor Spirit (PMS) petrol is now N264.65 per litre, The Nation learnt yesterday. According to a source in the Petroleum Products Pricing Regulatory Agency (PPPRA), there exists a difference between the agency’s cost and that...

Petrol Landing Cost Hits N249/litre

Petrol Landing Cost Hits N249/litre       The landing cost of Premium Motor Spirit (petrol) imported into the country has increased to a new high of N249.42 per litre on the back of high global crude oil prices. The further rise in the landing cost of petrol means...

Petrol Landing Cost Now N232 As Subsidy Rises To N5.58bn Daily

Petrol Landing Cost Now N232 As Subsidy Rises To N5.58bn Daily     The landing cost of Premium Motor Spirit being imported into Nigeria surged by more than 60 per cent between December 2020 and mid-June this year, although the pump price of the product remained unchanged. From...

Petrol Landing Cost Hits N216, Daily Subsidy Now N4.64bn

Petrol Landing Cost Hits N216, Daily Subsidy Now N4.64bn The landing cost of Premium Motor Spirit (petrol) imported into Nigeria has jumped to N216.31 per litre on the back of the recent increase in global oil prices and the depreciation of the naira against the...

Petrol Landing Cost Rises To N186 As Oil Hits $64

Petrol Landing Cost Rises To N186 As Oil Hits $64       Against the backdrop of the rising price of oil prices, the landing cost of Premium Motor Spirit (petrol) imported into Nigeria has increased to N186.33 per litre. The Economic Confidential had reported on February 9 that...

Petrol Landing Cost Rises To N180 As Oil Price Crosses $60

Petrol Landing Cost Rises To N180 As Oil Price Crosses $60       The landing cost of Premium Motor Spirit (petrol) imported into the country has risen by 13.34 per cent in one month to about N180 per litre on the back of the increase in global...