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Petrol Price Hike Inevitable, Says MAN

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

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

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...

Petrol Price: FG, Labour To Reach An Agreement – NNPC

Petrol Price: FG, Labour To Reach An Agreement - NNPC       The price of petrol is not going to be adjusted despite the fluctuations in global crude oil prices until the Federal Government, labour and other stakeholders agree on pricing issues. Group General Manager, Group Public Affairs...

No Petrol Price Increase In May – NNPC

No Petrol Price Increase In May - NNPC       The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Monday announced that there would be no increase in the ex-depot price of Premium Motor Spirit, popularly called petrol, in May. NNPC has maintained an...

FG, Labour To Meet Mid-April On Petrol Price Adjustment

FG, Labour To Meet Mid-April On Petrol Price Adjustment       The federal government and the organised labour will reconvene their negotiations to finalise decision on appropriate pricing of petrol and electricity tariff by middle of April. Economic Confidential gathered that the meeting will hold before the commencement...