Petrol Price Reduction Won’t Be Immediate - Oil Marketers   The latest reduction in the ex-depot price of petrol to N108 per litre will not translate to an immediate drop in the pump price of the commodity at filling stations, oil marketers stated on Thursday. On Wednesday,...

FG Retains N125/litre Petrol Price Despite Crude Oil Crash     The Federal Government has failed to review the N123.5 to N125/litre pump price of petrol for the month of May 2020 despite continued crash of crude oil price. The Petroleum Products Pricing Regulatory Agency had stated that...

Petrol Price: Marketers Seek Loans, DPR Enforces Compliance   Oil marketers on Thursday called for soft loans from the Federal Government following the abrupt impact of the recent reduction in the pump price of petrol on their businesses. The Independent Petroleum Marketers Association of Nigeria had directed...

The Nigerian National Petroleum Corporation has defended the recent N4 increase in the pump price of Premium Motor Spirit at its filling stations across the country despite the statement made by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, that the hike...

Despite the alarm of looming scarcity of petrol raised by some major and independent markets, the price of petrol at the various depots in Lagos has remained relatively stable, THISDAY’s investigation has revealed. This is coming as the price of Kerosene has risen to over...

-NLC: We’re yet to respond to FG’s overtures on deregulation, pump price hike The Petroleum Products Pricing Regulatory Agency (PPPRA) last night announced a new pump price for petrol, saying that in a new pricing template which it reviewed, filling stations in the country are...