Fuel Pump Price May Rise In June As Oil Heads Towards $40 Per Barrel
If the Federal Government’s pricing template is anything to go by, Nigerians may have to brace for an increase in the pump price of fuel as oil prices begin to head...
We Deregulated Downstream Oil Sector In March - Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva said the downstream oil sector was deregulated on March 19, with the reduction in the pump price of petrol.
Sylva, who made the clarification at a ministerial...
Petrol price: FG Setting Us Against Nigerians - Marketers
By reducing the ex-depot price of petrol without announcing a new price band for the commodity at filling stations, the Federal Government through its agencies is trying to set marketers against the buying public, oil dealers...
Why NNPC Ex-depot Price Cut May Not Affect Petrol
Though the Nigerian National Petroleum Corporation (NNPC) yesterday reduced ex-depot price of petrol from N113.28k per litre to N108.00k per litre across its products loading facilities, the reduction may not be reflected at filling stations.
A letter...
Be Ready To Pay Higher For Fuel, Says PPPRA
Nigerians should be ready to pay high or low prices for petrol following the price liberalisation scheme currently in place, the Petroleum Products Pricing Regulatory Agency said on Monday.
The PPPRA is also engaging with the Central...
PPPRA’s Petrol Landing Cost Drops on Declining Oil Prices
The sharp drop in the price of crude oil appear to have temporarily halted the federal government’s expenditure on petrol subsidy, records from the Petroleum Products Pricing Regulatory Agency (PPPRA) have suggested.
Following the slump in crude...
