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Expected Petrol Pump Price Down To N114.53 Per Litre

Expected Petrol Pump Price Down To N114.53 Per Litre   The expected open market price of Premium Motor Spirit, popularly known as petrol, has dropped to N114.53 per litre, N30.47 lower than the approved pump price of the product. The Economic Confidential reported on March 2, 2020...

Nigeria Exceeds Cooking Gas Consumption Target – PPPRA

Nigeria Exceeds Cooking Gas Consumption Target - PPPRA   The Petroleum Products Pricing Regulatory Agency has announced that Nigeria exceeded its Liquefied Petroleum Gas consumption target for the month of January 2020. The LPG is popularly called cooking gas in Nigeria. Specifically, the PPPRA said Nigeria recorded...

FG Spent N43bn To Subsidise Petrol In January

FG Spent N43bn To Subsidise Petrol In January     The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the month of February 2020, according to data obtained from the Petroleum...

Petrol Subsidy May Rise As Fuel Marketers Demand Higher Margins

Petrol Subsidy May Rise As Fuel Marketers Demand Higher Margins   The Federal Government may have to spend more on petrol subsidy as oil marketers in the country have called on the Petroleum Products Pricing Regulatory Agency to increase margins on the product now to prevent...

19.26bn Litres Of Petrol Imported In 2019 – PPPRA

19.26bn Litres Of Petrol Imported In 2019 - PPPRA   The Nigerian National Petroleum Corporation was responsible for 99.61 per cent of the total 19.18 billion litres of petrol that was imported into Nigeria in 2019, the Petroleum Products Pricing Regulatory Authority said on Wednesday. A report...

Open Market Price, Petrol Subsidy On Steady Rise – PPPRA

Open Market Price, Petrol Subsidy On Steady Rise - PPPRA   The expected open market price (EOMP) of petrol consumed in Nigeria has remained on a steady increase within the last couple of days, records obtained by from the Petroleum Products Pricing Regulatory Agency (PPPRA) has...