The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has attributed the recent increase in Premium Motor Spirit (PMS) petrol to the rise in crude oil prices in the international market. According to PETROAN, the benchmark for oil prices,…
The Nigerian National Petroleum Company (NNPC) Limited has reduced the retail price of petrol at its outlets to N925 per litre in Lagos and N965 per litre in Abuja. NNPC dropped the price of the product from N1,025 per litre…
In this interview Gbenga Agunbiade discusses with PDP Chieftain and philanthropist, Hon. Balogun Rotimi Olatunbosun (BRO), the Chieftain’s candid thoughts on the Tinubu administration’s performance, recent petrol price hike, human rights, insecurity, and the need for a new constitution and…
The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to instruct the Nigerian National Petroleum Company Limited to immediately reverse the recent increase in the pump price of Premium Motor Spirit, commonly known as petrol. In a letter…
..Says sector is deregulated …We are not at our full market price of petrol yet — NNPC VP …ACCI warns of looming economic crises …As Atiku calls for enhanced support for private sector, commends Dangote Refinery By Seun Ibiyemi The…
The World Bank says the federal government may still be paying for petrol subsidy as fuel prices in Nigeria are currently not cost-reflective. It said Nigerians should pay about N750 per litre as against the current price of N650 in…
The National Bureau of Statistics says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023. It made the declaration in its Petrol Price Watch for October 2023 released in…
Chairman, Power Sector Group, Lagos Chamber of Commerce and Industry (LCCI), Mr Martins Arogie has hinted that a downward review of current prices of Premium Motor Spirit (PMS) also known as petrol is dependent on the improvement in the value…
Presidential Candidate of the All-Progressives Congress Asiwaju Bola Ahmed Tinubu, on Monday at Chatham House in London spoke on a wide range of issues including security, economy and foreign policy, ahead of Nigeria’s presidential election in February next year. Tinubu…
…Finance Minister faults Senate …Says supplementary budget will cover N5,000 palliative …Buhari insensitive to Nigerians’ plights, NLC should bury its head in shame — Former PDP S/W Publicity Secretary Uthman Salami, Abimbola Abatta, Joel Oladele, Alao Matthew Outrage has trailed…
