PEF Plans To Subsidise Cooking Gas Transportation
The Petroleum Equalisation Fund (Management Board) on Sunday charged oil marketers to start moving Premium Motor Spirit, popularly called petrol, through the expanding rail network across the country.
PEF also announced moves being made by the agency to equalise...
Petrol Sells For N175/litre As Queues Reduce In Abuja
Filling stations, particularly those in some satellite towns of Abuja dispensed petrol at rates higher than the approved N165/litre price on Wednesday, as queues in the Federal Capital Territory gradually reduced.
Thousands of commuters had been left...
Petrol Subsidy Rises To N500bn
With the Federal Government leaving the pump price of Premium Motor Spirit (petrol) unchanged in the first five months of this year despite the increase in global oil prices, subsidy on the product is estimated to gulp N500bn in the...
No Petrol Price Increase In May - NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Monday announced that there would be no increase in the ex-depot price of Premium Motor Spirit, popularly called petrol, in May.
NNPC has maintained an...
Daily Fuel Consumption Now 72.72m Litres, Marketers Blame Smuggling
Petrol supply by the Nigerian National Petroleum Corporation hit a high of 72.72 million litres daily in December amid the smuggling of the product to neighbouring countries.
The supply of Premium Motor Spirit (petrol) by the NNPC,...
FG'll Consult Widely Before Petrol Subsidy Removal – NNPC
The Federal Government is going to consult widely before halting subsidy on Premium Motor Spirit, popularly called petrol, the Nigerian National Petroleum Corporation has said.
On Monday, The Economic Confidential reported that the NNPC might spend N102.96bn...
