Petrol landing cost hits N232, subsidy rises to N5.58bn daily
April landing cost, N216, devaluation, rising crude price fueling price increaseThe landing cost of Premium Motor Spirit being imported into Nigeria surged by more than […]
Fuel price
Buhari Increasing Electricity Tariff, Fuel Price While Diverting Attention With Open Grazing – Shehu Sani Raises Alarm
A former All Progressives Congress lawmaker, Shehu Sani has accused President Muhammadu Buhari of plunging the masses into a state of untold suffering by increasing […]
Labour: Governors’ N408.5/litre fuel price provocative
The Nigeria Labour Congress (NLC) has expressed strong opposition to state governors’ proposal of raising petrol price from N165/litre to N408.5/litre. The 36 state governors […]
Fuel prices hike outpaces inflation in Germany
All motor fuel prices in Germany saw above-average price increases and were up 23.3 per cent in April compared to those in 2020, the Federal […]
Aviation Fuel Price Increases To N270 Per Litre
The price of aviation fuel, known as Jet A1 in the industry, has continued to increase pushing airlines further into the precipice. Findings showed that […]
Petrol may cost more than N200 per litre in April — NNPC
Indications have emerged that Nigerians may likely pay more for petrol in April. This was disclosed Thursday by the Group General Manager (GMD) of the […]
Petrol Should Not Sell Above N70 Per Litre, Says PDP
With an honest and transparent administration of our national production capacity and potentials, the domestic price of petrol should not exceed N70 per litre. This […]
Fresh fuel price hike invitation to mass protest – PDP
The Peoples Democratic Party (PDP) has cautioned any fresh increase in pump price of fuel by the Federal Government would amount to a direct invitation […]
#FuelPriceHike: Maintain Current Fuel Price – Minister to Marketers
Petrol marketers have been ordered to maintain the current fuel price. The Minister of State for Petroleum Resources, Timipre Sylva, said this as he stated […]
FG Apologizes to Nigerians Over N212.61 Per Litre New Petrol Price
The government of Nigeria has tendered an apology to Nigerians on Friday over the confusion surrounding the latest fuel price increment. Speaking at the groundbreaking […]
#FuelPriceHike sparks anger on Twitter
Nigerians have expressed dissatisfaction over the purported increase in the pump price of premium motor spirit also known as petrol by the Federal Government to […]
PPPRA pegs guiding price of petrol at N212.61/litre
At last, the Petroleum Products Pricing Regulatory Agency (PPPRA) has released the latest guiding retail price of premium motor spirit (PMS) also called petrol, at […]
Marketers, FG trade blame as fuel queues resurface in Abuja, Lagos
Motorists and commuters in Abuja and Lagos woke up to a rude shock on Sunday morning to find most filling stations shut, with few others […]
NNPC says no fuel price hike in March, warns against hoarding
ABUJA – Contrary to speculations of imminent increase in the price of petrol in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out […]
Power grid collapses, plunges Lagos, other areas into darkness
The nation’s power grid suffered its first collapse this year on Wednesday, plunging parts of the country into a blackout. Two of the electricity distribution […]
No plans to hike price in February- NNPC
The Nigerian National Petroleum Corporation (NNPC) has denied plans to increase fuel price from February. There had been speculations the prices of petroleum products may […]
Nigerians to bear pains of high Petrol cost – Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva has admonished Nigerians to be ready to bear the pains of increased petrol pump price as […]
NNPC Begs Labour For One Week Grace To Consult On Reversal Of Fuel Price
The Nigeria National Petroleum Corporation, NNPC, on Thursday night, requested that the organized labour should give it one week to consult on the reversal of […]
Nigerians should be proud of fuel import from Niger Republic — Timipre Sylva
Minister of State for Petroleum Resources, Timipre Sylva, says Nigerians should be proud that the Federal Government is set to resume the importation of petroleum […]
Recession: PDP wants FG to Allow Free Market Economy
The Peoples Democratic Party(PDP) has advised the Federal Government to permit a free market economy that will allow Nigerians actively participate in the economic space […]