Marketers Stockpile Petrol, August Price May Hit N150/litre   Filling station owners are currently in panic buying mood, as many of them are stockpiling products ahead of the announcement of a new pump price for petrol in August, investigation has shown. It was also gathered that the...

Marketers Imported 536,000MT Of Petrol After Deregulation - PPPRA     0il marketing companies imported 536,000 metric tonnes of petrol after the downstream sector was deregulated on March 19 this year, the Petroleum Products Pricing Regulatory Agency has said. Before March 19, 2020, the Nigerian National Petroleum Corporation...

PPPRA Shouldn’t Decide Petrol Price Alone – Marketers     The review of petrol price should not be solely managed by the Petroleum Products Pricing Regulatory Agency, oil marketers said on Sunday. Since March 19, 2020, the PPPRA had been releasing guiding prices for Premium Motor Spirit (petrol)...

In Three Months, Petrol Subsidy Gulped N101.6bn – NNPC   Petrol subsidy consumed over N101bn in the first three months of this year, as stakeholders want the scheme to be fully halted. Latest figures released by the Nigerian National Petroleum Corporation have shown that petrol subsidy gulped...

Petrol Price: IPMAN Threatens Strike Over Increase   The Independent Petroleum Marketers Association of Nigeria, South-West, has threatened to stop lifting of petroleum products over the hike in the petrol pump price. The South-West Chairman of IPMAN, Alhaji Dele Tajudeen, described the hike in the pump price...

FG Announces Increase In Petrol Price   Consumers of petrol in the country would pay a 16.4 per cent increase in the price of petrol for the month of July, the Petroleum Products Pricing Regulatory Agency (PPPRA) announced on Wednesday. The agency said the approved new retail...