WE CAN’T RESTOCK, FUEL SCARCITY WORSENING, MARKETERS CRY OUT

‌ Okechukwu Nnodim, Abuja Oil marketers on Wednesday said the scarcity of petrol in many parts of Nigeria was not abating because of the difficulty currently faced by filling stations…

PUMP PRICE OF PETROL TO HIT 180NAIRA PER LITRE SAYS MARKETERS

The pump price of Premium Motor Spirit, popularly known as petrol, may hit N180 per litre this month, according to marketers, as oil prices extended their rally on Monday, with…

NLC THREATENS STRIKE OVER NEW PETROL PRICE

The Nigeria Labour Congress, NLC, has condemned, rejected, and call for immediate reversal of petrol pump price increase from N158 to N170. It also called for a state of emergency…

FUEL PRICE INCREASE ILLEGAL IN LAW, ONLY BUHARI HAS POWER TO INCREASE PETROL PRICE WRITES FEMI FALANA

The Federal Government had been using the Petroleum Products Pricing Regulatory Agency to fix the prices of petroleum products. But following the recent challenge of the usurpation of the powers…

FURTHER INCREASE IN FUEL PRICE LIKELY, MARKETERS WARN

Fuel marketers across the country adjusted their pump prices on Thursday to between N158 and N162 per litre of petrol, saying a further increase in global crude oil prices would…

AGAIN, FG REDUCES THE PUMP PRICE OF PETROL

   Felix OnajitOnajite The federal government of Nigeria through the Petroleum Products Pricing Regulatory Agency has again announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor…

NIGERIAN FUEL PRICE TO FURTHER REDUCE

Fuel price to reduce further as NNPC announces 17.9% reduction in depot price The Nigerian National Petroleum Corporation (NNPC) on Wednesday announced a 17.94 per cent reduction in the ‘ex-depot’ price of…

FG REFUSES TO REVIEW PRICE OF PETROL DOWNWARDS DESPITE COLLAPSING PRICE

The Federal Government has failed to review the N123.5 to N125/litre pump price of petrol for the month of May 2020 despite continued crash of crude oil price. The Petroleum…

AGAIN, FG REDUCES THE PUMP PRICE OF FUEL

The Federal Government on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a reduction of N1.5 on every litre of petrol purchased nationwide.…

PETROL NOW 125 NAIRA PER LITRE

The Federal Government has directed the Nigerian National Petroleum Corporation to reduce the pump price of petrol from N145 to N125. This, the government said, was to reflect the current…

OIL PRICE CRASH: OPEN MARKET PRICE OF PETROL DROPS TO ABOUT 114 NAIRA PER LITRE

The expected open market price of Premium Motor Spirit, popularly known as petrol, has dropped to N114.53 per litre, N30.47 lower than the approved pump price of the product. The…