Transportation fare has quadrupled in Port Harcourt, the Rivers State capital due to the geometric hike in the pump price of Premium Motor Spirit commonly known as petrol. Intercity transport fare such as Port Harcourt to Owerri a distance of…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intention of increasing the price of Premium Motor Spirit (PMS) during the festive period. The General Manager, Corporate Communications, NMDPRA, Mr Kimchi Apollo said this…
There are indications that fuel distribution crisis may soon hit the country, if the Federal Government goes ahead to implement the new tax regime imposing 0.5 per cent tax on the gross turnover of the petroleum marketing firms. The Depot…
The Chairman House of Representatives Committee on Anti-Corruption, Shehu Garba has said Nigerian government finances are drowning due to fuel subsidy payments. Garba made this disclosure in a Channelstv interview monitored by Newsmen on Thursday, explaining the implications of petrol…
Some residents of Abakaliki, Ebonyi capital have expressed worry over the sudden upward adjustment in the pump price of Petroleum Motor Spirit (PMS) in the state. In a visit to some filling stations on Tuesday, the product is sold between…
The Deputy Director of Bola Tinubu Campaign Organisation, Adams Oshiomole, has explained the incident that transpired during the tenure of former President Goodluck Jonathan concerning the infamous fuel subsidy removal. The former Governor of Edo State clarified on Wednesday morning…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians not to engage in panic buying of petrol, saying it has enough in stock. Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA confirmed this in Lagos on…
By Olawale Afolabi wishes to inform the general public that it has sufficient stock of petroleum products and the public should not give in to panic buying. The current queue situation in some parts of Abuja and its environs is…
By Uthman Salami Amid fluctuating price of Premium Motor Spirit (PMS), popularly known as Petrol, the Federal Government is proposing over N6.7 trillion on petrol subsidy payments in 2023. Subsidy or under-recovery is the underpriced sales of premium motor spirit…
By Ogaga Ariemu Queues have reduced in the Federal Capital Territory(FCT) as residents now buy Premium Motor Spirit, popularly known as fuel at 185 Our correspondent who went round to monitor the situation gathered that A.A Rano, Shema, A.Y.M Shafa,…
