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Petrol price increased by 54.52% in one year- NBS

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By OKEOGHENE AKUBUIKE ABUJA- The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Petrol increased from N166.40 in January...

No basis for current petrol scarcity–PENGASSAN

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By ESENVOSA IZAH LAGOS- The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that there was no basis for the current...

Awka residents call out NMDPRA, state govt as petrol sells for...

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By CHIMEZIE ANASO AWKA- Residents of Awka, the Anambra capital, have decried what they call the “arbitrary pricing “of petrol by marketers in the...

Abakaliki residents urge FG to halt unofficial PMS price hike

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By UCHENNA UGWU ABAKALIKI- Residents of Abakaliki have appealed to the Federal Government to urgently address the crisis in the petroleum sector and halt the...

PMS distribution: Association highlights challenges, decry high diesel cost

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The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA ) says scarcity and high price of Premium Motor Spirit (PMS) are caused by...

Fuel Queues: NNPC has 2bn litres in stock, says Coy

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By EMMANUELLA ANOKAM ABUJA- The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS) In...

Ending petrol subsidy extremely difficult but inevitable – MOMAN

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By SOLOMON ASOWATA LAGOS- The Major Oil Marketers Association of Nigeria (MOMAN) says ending subsidy on Premium Motor Spirit (PMS) is extremely difficult but the...