Petrol Ex-depot Price Rises by 7.6% to N608/Litre   The Ex-depot price of petrol, yesterday, rose by 7.6 per cent to N608 per litre from N565 per litre in Lagos and environs. A visit to private depots in Lagos showed that independent marketers, who lift at N608...

Marketers Counter FG, Insist Fuel Subsidy Has Returned   Oil marketers, on Tuesday, countered the position of the Federal Government, as they insisted that the current pump price of Premium Motor Spirit, popularly called petrol, should not be less than N800/litre if there was no subsidy...

Customs Generates N1.9bn Revenue, Intercepts 415, 050 Litres Of Petrol   Seme Area Command of the Nigeria Customs Service (NCS) said it generated over N1.9 billion revenue and intercepted 415,050 litres of petroleum, hard drugs as well as 16 loads trailer loads of rice and others...

Fuel Queues Hit Lagos, Others as Thieves Vandalise Pipelines   Long queues for Premium Motor Spirit, popularly called petrol, are beginning to resurface at filling stations in Lagos and Ogun states, and in few other locations in South-Western states. Although The PUNCH gathered that queues were not...

Daily Petrol Consumption Drops To 52m Litres   Average daily consumption of premium motor spirit (petrol) in Nigeria has dropped from 64,964,000 per day recorded on June 30, 2023 to 52 million. Daily truck out as at August 14 stands at 1,306 trucks carrying a total of...

Fuel Price: Fresh Hike Looms As Landing Cost Rises By 37.4%   There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen...