Transport Fares Rise As Filling Stations Sell Petrol Above N200
Transport fares has faced a major increase across the country following the hike in the pump price of Premium Motor Spirit, popularly called petrol, in fillings stations in states.
Motorists still besieged the few filling stations...
House Grills Oil Firms Over Dirty Fuel Imports
The House of Representatives’ Committee on Petroleum Resources (Downstream), on Tuesday, grilled two of the four contractors engaged by the Nigerian National Petroleum Company Limited via a Direct-Sale-Direct-Purchase deal in the importation of contaminated Premium Motor Spirit...
Inspection Failure Caused Dirty Fuel Imports, Says FG
The scarcity of Premium Motor Spirit, popularly called petrol, which has lingered for about two weeks, is not due to the absence of products but inspection failure, the Federal Government stated on Sunday.
It disclosed this as queues...
Fuel Sells For N400/litre In Abuja, Other States
Residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400/litre by black marketers.
The development came...
FG Generates N2.56trn From Petrol, Kerosene, Diesel Sales In 13 Months
The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products (petrol, kerosene, diesel) in about 13 months.
It also announced that N203.73bn was made on...
Nigeria’s Petrol Imports Rise By 55%, Hit N2.52trn In Nine Months
The cost of Premium Motor Spirit, also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to N2.52tn from the N1.62tn spent in the same period...
