Petrol consumers may pay about N8.4trillion for Premium Motor Spirit, popularly called petrol, between July and December 2023 once the Federal Government stops subsidy on PMS in June, latest findings and industry data showed. This represents about 250 per cent…
…Set to introduce electric vehicles Governor of Lagos State, Baba jide Sanwo-Olu has made it known that he plans to to bid farewell to the use of petrol and diesel Bus Rapid Transit (BRT) in the state, as it embarks…
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol has increased from N185.30 in March 2022 to N264.29 in March 2023. It made the declaration in its Petrol Price Watch for March 2023…
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N170.42 in February 2022 to N263.76 in February 2023. It made the declaration in its Petrol Price Watch for February 2023 released…
Nigeria spent a total of N1.79trillion on the importation of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) in the fourth quarter of 2022 (Q4,2022), consisting of N1,558.49billion (Petrol) and N220.47 billion (Diesel) and representing a share of 33.16%…
The National Bureau of Statistics in its Premium Motor Spirit (petrol) price watch for January 2023 stated that on average, Nigerians paid the sum of N257.12 per litre for the product. The report noted that the average price in January…
Mr Timpre Sylva, Minister of State for Petroleum Resources, says Federal Government has taken bold actions to stop the ongoing petrol crises across the country, while assuring massive distribution of the product.. Sylva, gave the assurance after his tour of…
Scores of youths and students in Ibadan, Oyo State have staged another protest against the lingering scarcity of naira notes and petroleum. The Monday morning protest took off from the front gate of the University of Ibadan on Monday. The…
Against the increasing fuel scarcity across the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS), popularly known as petrol, in stock. In a statement on Thursday, Mr Adeyemi…
The National Bureau of Statistics (NBS), says consumers paid N195.29 for a litre of Premium Motor Spirit (Petrol) on the average in October 2022. It stated in its “Premium Motor Spirit (Petrol) Price Watch” for October 2022 that the average…
