Subsidy: NNPC Sells Petrol In Lagos For N488 And N537 In Abuja, PH N511   The long awaited price for petrol was effected by NNPC limited Wednesday morning providing clarity around prices post the removal of the controversial subsidy which cost almost $10bn annually. Economic Confidential also...

Fuel Pump Price To Skyrocket As Marketers Threaten Shutdown The queues for Premium Motor Spirit, popularly called petrol, grew worse on Tuesday following an earlier directive to shut down filling stations by the Independent Petroleum Marketers Association of Nigeria (IPMAN). Although the directive was later withdrawn,...

Fuel Scarcity: Consumers Groan As Pump Price Nears N400/litre   Petrol consumers have continued to groan under the burden of skyrocketing prices, as Premium Motor Spirit almost hit N400 per litre over the weekend. Economic Confidential market survey over the weekend showed while stations belonging to the...

Marketers To Nigerians: Expect To Pay N195/litre For Petrol       Members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, have advised Nigerians to expect a higher petrol pump price in the coming days, saying price may rise to N195 per litre. They lamented what they described...

Petrol Pump Price May Hit N190 As Oil Nears $60       Marketers have said with the current realities in the global crude oil markets, the price of Premium Motor Spirit (petrol) in Nigeria should be between N185 and N200 per litre, unless the government wants to...

Marketers Kick Against N5 Reduction In Petrol Pump Price         Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced by the Federal Government, fuel marketers have said it is not possible to sell the product at N162 per litre...