PPPRA Insists No Going Back On Petrol Price Control     The Petroleum Products Pricing Regulatory Agency on Sunday insisted that it would continue fixing price bands for petrol despite opposition by oil marketers to the move. It also declared that a regulation for Premium Motor Spirit, popularly...

Oil Marketers Can’t Fix Petrol Price - FG     The Federal Government has said oil marketers are not free to fix the price of Premium Motor Spirit, popularly called petrol. A statement in Abuja on Sunday by the Petroleum Products Pricing Regulatory Agency said the government had...

Petrol Sold Above N130 In 17 States - NBS     Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre in 17 states in April, according to the National Bureau of Statistics. Following the sharp drop in...

Petrol Price May Rise As Brent Stabilises Around $35/barrel   Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a possible hike in petrol price in Nigeria any time soon. An analysis of global...

NNPC Reduced Depot Price To Remain Competitive - Operators   The recent reduction in the ex-depot price of petrol by the Nigerian National Petroleum Corporation was to keep the oil firm competitive following the commencement of petrol imports by private marketers, industry operators said on Wednesday. It...

PPPRA Clears Oil Marketers To Import Petrol   Private oil marketers have now joined the Nigerian National Petroleum Corporation in the importation of petrol. It was gathered from the Petroleum Products Pricing Regulatory Agency on Tuesday in Abuja that permits had been given to several marketers to...