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Average Petrol Price Decreased By -0.94% In December – NBS

Average Petrol Price Decreased By -0.94% In December - NBS         The National Bureau of Statistics (NBS) has said that average price paid by consumers for premium motor spirit (petrol) increased by 14.00 per cent year-on-year and decreased month-on-month by -0.94 per cent to N165.70 in...

Oil Marketers Refuse To Obey N5 Reduction In Petrol Price

Oil Marketers Refuse To Obey N5 Reduction In Petrol Price         Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week. After meeting with officials of...

Fed Govt Reduces Price Of Petrol To N162.44 Per Litre

Fed Govt Reduces Price Of Petrol To N162.44 Per Litre         The Federal Government has reduced the pump price of premium motor spirit otherwise know as petrol from N168 per litre to N162.44 per litre effective from December 14, 2020. Minister of Labour and Employment, Chris Ngige...

Petrol Price May Hit N180 As Oil Nears $50

Petrol Price May Hit N180 As Oil Nears $50         The pump price of Premium Motor Spirit, popularly known as petrol, may hit N180 per litre this month, according to marketers, as oil prices extended their rally on Monday, with Brent crude trading near $50 per...

Dangote Refinery’ll Sell Petrol At International Price – Ahmed

Dangote Refinery'll Sell Petrol At International Price - Ahmed     The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at...

Knocks For FG Over Petrol Price, Electricity Tariff Hike

Knocks For FG Over Petrol Price, Electricity Tariff Hike     The Federal Government on Sunday came under more criticism for the increase in electricity tariff and petrol pump price last week. The Centre for Democracy and Development and the Civil Liberties Organisation condemned the government’s actions, saying...