Finally, Marketers Hike Petrol Price To N170-N190/litre   Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed to be a subtle agreement between Federal Government officials and oil marketers. Findings by...

Fuel Price Halts At N200/litre, High Fares Linger   Motorists and commuters in Lagos and Ogun states on Tuesday again, lamented the biting consequences of the lingering fuel scarcity as the situation remained unchanged from the trends experienced over the past two weeks. Checks by our correspondents...

Fuel Pump Price: Depot Owners Shun FG’s Directive, Marketers Give Conditions   Oil marketers on Sunday gave the Federal Government conditions that should be met in order to retain the pump price of Premium Motor Spirit, popularly called petrol, at N165/litre. According to them, the cost of...

FG Spends N1.243trn Monthly As Fuel Subsidy Hits N600/litre   The amount spent as subsidy by the Federal Government on every litre of Premium Motor Spirit, popularly called petrol, consumed in Nigeria is currently above N600, oil sector operators stated on Sunday. Also, the latest PMS evacuation...

Fuel Scarcity Worsens In FCT, Lagos, Others   Fuel scarcity worsened in Lagos, the Federal Capital Territory and other parts of the country on Tuesday, resulting in motorists spending hours at filling stations. For oil marketers, the solution to the worsening fuel queues across the country is...

FG Spent N1.5trn On Petrol Imports In Q1, 2022   The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51tn on the imports of premium motor spirit, also known as petrol, in the first quarter of 2022. This was 25.54 per cent of the total...