Dangote Unveils Petrol Price, Pledges to End Fuel Scarcity Within 48 Hours   Aliko Dangote, owner of the Lagos-based Dangote Refinery, announced on Tuesday that petrol produced at his 650,000 barrels per day facility will hit the market within 48 hours, pending finalization of modalities with...

Petrol Price : Marketers Kick As FG Rules Out Hike   Oil marketers, on Tuesday, advised President Bola Tinubu to gradually relax the removal of subsidy on Premium Motor Spirit, popularly called petrol, following the inability of importers to access the United States dollars and the...

Subsidy Removal Has Doubled Depot Petrol Price - Marketers Prices of petrol at depots have increased more than 100 per cent following the official removal of subsidies since May 29. National Controller Operations, Mike Osatuyi, on Tuesday, told our correspondent that many downstream businesses were currently...

Despite N6trn Subsidy Payment, Fuel Price Rise By 81%   The price of Premium Motor Spirit popularly called petrol has risen by 81 per cent in the past three years, according to the National Bureau of Statistics (NBS) reports analysed by our correspondent. This came as findings...

Petrol Price: Major Marketers Adjust Meter, Sell At N185/Litre   Major oil marketers, yesterday, adjusted the price of petrol to N185 per litre, from N169 per litre, in all parts of Nigeria. Despite the expectation that the new price would encourage supply to ease out shortage, checks...

Inflation: Petrol Price Hits N300 Per Litre The scarcity of Premium Motor Spirit, popularly called petrol, grew worse across the country on Thursday, as massive queues were witnessed in Abuja, Lagos, Port Harcourt, Calabar, Warri, Nasarawa, Minna, among other places. Oil marketers stated that the scarcity...