Fuel Subsidy Hits N1.03trn, NNPC To Deduct N199bn From Federation Account
Amid plans by the Federal Government to remove subsidy on petroleum products next February, a government report shows the subvention has gulped N1.03tn in the first 10 months of this year. The document also...
Despite NNPC Claim, Fuel Marketers Predict N170/litre
The pump price of Premium Motor Spirit, popularly called petrol, may rise from the current N162-N165/litre to N170/litre, while its depot price is projected to increase from N159/litre to N165/litre, oil marketers said on Thursday.
Dealers under the aegis...
We Have Over 1.7bn Litres Of Petrol - NNPC
The Nigeria National Petroleum Corporation (NNPC) Limited yesterday advised consumers not to engage in panic buying of Premium Motor Spirit (PMS) as it has over 1.7 billion litres of the product.
Its Group General Manager, Group Public...
Petrol Landing Cost Hits N278, says MOMAN
The Major Oil Marketers Association has said that the landing cost of petrol has risen to N278 just as the price of crude oil in the international market reached $80 shortly on Tuesday, with experts worrying that subsidy...
Kerosene, Petrol Prices Rose In August – NBS
Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August.
The National Household Kerosene Price Watch report for August 2021 by...
We’ll Keep Promoting Gas As Alternative To Petrol, Says FG
The Federal Government will continue to promote the use of natural gas as an alternative to Premium Motor Spirit, popularly called petrol, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said.
Sylva said...
