Oil Marketers Refuse To Obey N5 Reduction In Petrol Price
Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week.
After meeting with officials of...
Marketers Kick Against N5 Reduction In Petrol Pump Price
Against the backdrop of the N5 reduction in the price of Premium Motor Spirit (petrol) announced by the Federal Government, fuel marketers have said it is not possible to sell the product at N162 per litre...
Consumers Paid N76.5bn Extra For Petrol After Deregulation
More than N76.5bn has been paid for the purchase of petrol by consumers since the downstream oil sector was deregulated in March this year.
After the Federal Government deregulated the downstream sector of the oil industry on March...
Petrol Pump Price May Drop This Month - Marketers
The pump price of petrol may reduce marginally this month, going by the fall in global crude oil prices, oil marketers said on Sunday.
According to them, since the cost of petrol has been largely determined by...