Petrol Price Remains N162/Litre, Cooking Gas Prices To Drop — FG     The price of Premium Motor Spirit (PMS) otherwise known as petrol will still sell at N162-N165 per litre despite the signing of the Petroleum Industry Bill (PIB) into law, the federal government has said. President...

Petrol Price Should Be More Than N280/litre - Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the price of petrol should be more than N280/litre at which Automotive Gas Oil, also known as diesel, is being sold. Kyari...

Petrol Price Regulation Causing Mass Poverty, Stagnation – Fed Govt       The continued regulation of the pump price of Premium Motor Spirit, popularly called petrol, is causing stagnation and impoverishment of the masses, the Federal Government has said. Speaking through the Petroleum Products Pricing Regulatory Agency, the...

Petrol Price Hike Inevitable, Says MAN       The Manufacturers Association of Nigeria says increase in the price of petrol is inevitable. The Director General of MAN, Segun Ajayi-Kadir, stated that regardless of the arguments around subsidy removal and the potential effect on the cost of production and...

Negotiation On Petrol Price Still Ongoing - NNPC       The Nigerian National Petroleum Corporation (NNPC) yesterday said state governors do not run the affairs of the corporation, stressing that negotiation to determine a new pump price of petrol was still ongoing between the organised labour and...

Price Of Petrol Highest In Plateau, Kano, Abia In April     The National Bureau of Statistics (NBS), yesterday, said the highest average price of petrol in April was recorded in Plateau, Kano and Abia states. In its ‘Premium Motor Spirit (Petrol) Price Watch for April 2021’, the...