Tag: Fuel Price
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Fuel Price Hike: Industry players slam NNPCL over Port Harcourt Refinery delay
Some energy stakeholders have berated the Nigerian National Petroleum Company Ltd. (NNPCL) over delay in getting the Port Harcourt Refinery operational, to address recurrent fuel scarcity and price hike. The stakeholders spoke to NAN on Wednesday in Abuja against the backdrop of the unending fuel
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Nigerians react as fuel sells for 1000 naira per liter
The increase in the price of Premium Motor Spirit (PMS), commonly known as petrol by the Nigerian National Petroleum Company Limited (NNPCL) has stirred several reactions from Nigerians on social media.
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BREAKING: Fuel prices to increase from N568 to N617 per litre
T he Nigerian National Petroleum Corporation Limited (NNPC) has revealed that its fuel pump price will rise from 586 to 617 per litre tomorrow. In June, the NNPC announced an increase in the price of fuel per litre due to the removal of fuel subsidy, which made the price shift from its previous N189 per…
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NMDPRA cautions marketers against increasing pump price of petrol
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cautioned petroleum marketers against increasing price of the product beyond the approved figure.
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PIA implementation won’t raise fuel price –PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) yesterday said the implementation of Petroleum Industry Act (PIA) may not necessarily lead to an increase in the pump price of petrol in the country. The Executive Secretary of the Agency, Mr Abdulkadir Saidu, disclosed this in a statement in Abuja on Sunday. “There is no gainsaying it…
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JUST IN: There will be no fuel price increase in July – NNPC
The Nigerian National Petroleum Corporation (NNPC) has said there will be no increase in the official price of Premium Motor Spirit (PMS) otherwise known as petrol in July. Group Managing Director (GMD) of NNPC, Malam Mele Kyari who said this in an interview on Channels Television on Tuesday June 29, said the price of petrol…
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Fuel price N380; Next level catastrophe (1) – Dele Sobowale
Dele Sobowale “To know that which before us lies in daily life is the prime wisdom…” John Milton, 1608-1674, VANGUARD BOOK OF QUOTATIONS, p 275. Africans in general, and Nigerians, in particular, are slow learners. That is why the GIANT of Africa will never go to the moon or Mars – long after Fiji Island…
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No Increase in Fuel Price in February – NNPC
The Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) in February, 2021. This was disclosed in a press release by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru. The statement explained that the decision was to allow ongoing engagements with organized…
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BREAKING: FG drops fuel price to N162.44 per litre
The Federal Government has announced a reduction in the pump price of premium motor spirit, otherwise known as petrol, from N168 to N162.44 per litre with effect from December 14. The Minister of Labour and Employment, Dr Chris Ngige, disclosed this at the end of a meeting with labour leaders which began around 9 pm…
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NLC tackles FG over fuel price hike, demands immediate reversal
The Nigeria Labour Congress (NLC) has demanded the immediate reversal of the pump price of Premium Motor Spirit (PMS), also known as petrol. In a statement on Monday by the NLC President, Ayuba Wabba, the union took a swipe at the government and condemned the increase in the price of the product. It stated that…