...Explains some elements in pricing template will be reviewed The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said the federal government is not about to increase the price of petrol in the country, at least not in the near future. Kachikwu, instead, said...

Despite the alarm of looming scarcity of petrol raised by some major and independent markets, the price of petrol at the various depots in Lagos has remained relatively stable, THISDAY’s investigation has revealed. This is coming as the price of Kerosene has risen to over...

The Petroleum Products Pricing Regulatory Agency (PPPRA) and key oil marketers in Nigeria’s downstream petroleum sector have said that the current fundamentals guiding the importation and sale of petrol in the country were still favourable for petrol to be sold within the government approved...

Petroleum product marketers have demanded an upward review in the pump price of the Premium Motor Spirit (also known as petrol). This, they said, would make importation of the product profitable. They said the free fall of the naira against the dollar had made it unprofitable...

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said there is no plan to increase the price of petrol. Baru, who reluctantly answered only one question from the State House correspondents after he met with President Muhammadu Buhari...

Though attempts have been made to assure Nigerians that there are no plans to increase the pump price of Premium Motor Spirit, popularly referred to as petrol, The PUNCH has gathered that the actual price at which the product should sell at filling stations...