The Major Oil Marketers Association of Nigeria (MOMAN) says it is holding talks with domestic airlines for steady supply of aviation fuel for their operations. Mr Clement Isong, Executive Secretary, MOMAN, confirmed the development on Wednesday in Lagos. He said…
The costs Nigeria expended on fuel subsidy increased by 890% over a five year period (2017-2021) in Nigeria as fuel prices had recorded an increase of 12.1%. The socioeconomic research firm, SBM Intelligence reported this in a report titled “Growing…
The International Air Transport Association has said the price of jet fuel has continued to increase in recent weeks, with its price increasing by 70 per cent since the start of 2021. According to IATA, the Switzerland-based trade organisation representing…
…Cautions against hoarding, panic buying …As Marketers shut stations By Ogaga Ariemu, Akinyemi Kehinde and Adeboye Faizat Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC)…
