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...
Queue For Fuel Persists Despite 1.824bn Litres Supply
The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly in Abuja and northern states have refused to clear despite the supply of about 1.824 billion litres of PMS by the Nigerian National Petroleum Company...
Queues Lessen As NNPC Releases Additional 381.8 million Litres Of Fuel
The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited (NNPC) that it has been releasing hundreds of millions of litres of...
