Customs Generates N1.9bn Revenue, Intercepts 415, 050 Litres Of Petrol
Seme Area Command of the Nigeria Customs Service (NCS) said it generated over N1.9 billion revenue and intercepted 415,050 litres of petroleum, hard drugs as well as 16 loads trailer loads of rice and others...
Fuel Queues Hit Lagos, Others as Thieves Vandalise Pipelines
Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states.
Although The PUNCH gathered that queues were not...
Daily Petrol Consumption Drops To 52m Litres
Average daily consumption of premium motor spirit (petrol) in Nigeria has dropped from 64,964,000 per day recorded on June 30, 2023 to 52 million.
Daily truck out as at August 14 stands at 1,306 trucks carrying a total of...
Fuel Price: Fresh Hike Looms As Landing Cost Rises By 37.4%
There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen...
In One Month, Transportation Cost Increased By 98% – NBS
The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as the pump price of Premium Motor Spirit rose, according to the National Bureau of...
Petrol Price Rises By 20% Globally
Price of petrol may to rise further as international market data revealed that the commodity has gained 20 per cent.
At the beginning of 2023, Brent crude traded around $78 per barrel. However, last week, the international benchmark hit $83...