The relief many Nigerians hoped for with the reopening of the Port Harcourt and Warri refineries appears to have been short-lived, as the recent hike in the ex-depot price of Premium Motor Spirit (PMS) and, by extension, the pump price,…
The prices of refined petroleum products may increase in the coming days due to the rise in Brent crude oil prices. On Sunday, the price of Brent reached $79.76 per barrel, and since crude oil is a key factor in…
Residents of Jos, Plateau’s capital, have expressed frustration over the ongoing rise in transport fares, despite a reduction in the pump price of Premium Motor Spirit (PMS). Many residents said that transportation costs remain high, even though fuel prices have…
The 2023 Labour Party, LP, presidential candidate, Peter Obi, on Saturday, charged President Bola Tinubu to reverse the sudden hike in the pump price of fuel. Obi described the sudden price hike by the Nigerian National Petroleum Company Limited, NNPCL,…
Ogun State Governor, Dapo Abiodun, has approved two days off duty per week for officers on Grade Levels 01-14, while officers on Grade Levels 15-17 are to maintain one day off per week. This was stated by the State Head…
…Says policies will endanger livelihoods, Nigeria’s already fragile economic stability …Reverse petrol price increase within 48 hours, or face legal action — SERAP tells Tinubu …Save Nigerians from crushing hardship — APC chieftain begs Tinubu …Nigeria has too many ministries,…
Since the turnaround maintenance of the Port Harcourt Refinery began in 2021, there has been a continuous stream of promises regarding the project’s completion and the subsequent restart of the facility’s production. Despite the change in administrations and numerous ministers,…
…As NEITI decries Port Harcourt Refinery delay By Seun Ibiyemi Stakeholders have expressed concerns over the possible impacts of the hike in Premium Motor spirit (PMS) on the Nigerian economy, potentially reversing the recent ease in inflation. This is even…
The Lagos Chamber of Commerce and Industry (LCCI) has said that the hike in fuel price from N568 to N855 would trigger widespread price increases, potentially reversing the recent ease in inflation. Director General, LCCI, Dr Chinyere Almona, said this…
The recent decision to increase the petrol price by the NNPC is tone deaf, and nothing short of a betrayal of the Nigerian populace. This reckless move is a stark reminder of how disconnected the ruling elite is from the…
