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Fuel Price Jumps Over N1,000/Litre as Tinubu Okays 15% Import Duty

Fuel Price Jumps Over N1,000/Litre as Tinubu Okays 15% Import Duty   Petroleum marketers have warned that the pump price of Premium Motor Spirit, popularly called petrol, could exceed N1,000 per litre following President Bola Tinubu’s approval of a 15 per cent ad valorem import tariff...

Why Petrol Queues In Abuja Won’t End Soon — Marketers

Why Petrol Queues In Abuja Won't End Soon — Marketers   Petrol marketers have attributed the lingering queues at petrol stations in Abuja and other northern state capitals to the high cost of freighting the product from coastal depots. The National President of Natural Oil and Gas...

Petrol May Sell Above N340/litre, Marketers Plan Imports Amidst Forex Crisis

Petrol May Sell Above N340/litre, Marketers Plan Imports Amidst Forex Crisis       The pump price of Premium Motor Spirit, popularly called petrol, may go higher than the projected N340/litre in February 2022 when the Federal Government removes its subsidy on the commodity, oil marketers said on...

We Can’t Restock, Scarcity Worsening – Petrol Marketers

We Can’t Restock, Scarcity Worsening - Petrol Marketers       Oil marketers on Wednesday said the scarcity of petrol in many parts of Nigeria was not abating because of the difficulty currently faced by filling stations to restock their tanks with products. It was gathered that the recently...

Petrol: Price Hike Looms Nationwide As Marketers Meet

Petrol: Price Hike Looms Nationwide As Marketers Meet     Marketers of Premium Motor Spirit, popularly called petrol, on Wednesday met in Abuja on matters regarding the price of the commodity. Although most filling stations in Abuja and neighbouring states of Nasarawa and Niger dispensed PMS at the...

Marketers Raise Petrol Price To N170 As Depots Suffer Shortage

Marketers Raise Petrol Price To N170 As Depots Suffer Shortage       Fuel marketers have started adjusting their petrol pump prices amid the supply shortage facing private depots in Apapa. Our correspondent observed that some filling stations in Lagos and Ogun states increased the pump price of petrol...