Tag: Fuel Price
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PDP rejects N170 fuel price, demands immediate reversal
The Peoples Democratic Party (PDP) has urged President Muhammadu Buhari to reverse the increase in the pump price of fuel which increased from N159 to N170 per liter. The party in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan, on Friday in Abuja, rejected the increase describing it as unbearable to Nigerians.…
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No regrets comparing fuel prices in Nigeria with Saudi Arabia, others – FG
The Federal Government says the comparison made by President Muhammadu Buhari on fuel prices between Nigeria, Saudi Arabia and other countries in his 2020 Independence Day national broadcast is justified. Minister of Information and Culture, Alhaji Lai Mohammed, made the submission when he featured on a Radio Nigeria current affairs programme, “Radio Link’’ on Saturday…
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Nigeria @60: Urhobo group urges Buhari to make Nigerians happy again
The Abuja chapter of the Urhobo World United Union (UWUU), an umbrella body of Urhobo sons and daughters, has urged President Muhammadu Buhari to make Nigerians happy again. TheNewsGuru.com (TNG) reports UWUU made the call on Thursday in Abuja, the federal capital territory as the nation marks her 60th independence anniversary. According to the group,…
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Pump price: Commuters in Kaduna lament 100 per cent increase in transportation
Commuters in Kaduna metropolis have lamented over 100 percent hike in transport fare following the recent increase of fuel pump price. A cross section of commuters on Wednesday in Kaduna said they have been paying double transport fare due to the increased in fuel pump price. Recall that the Federal Government had increased the price…
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Fuel price: PPPRA owns up on contradiction in deregulation policy
The Petroleum Products Pricing Regulatory Agency (PPPRA) has assured Nigerians that the deregulation of the downstream oil sector is in the best interest of the country. The Executive Secretary of the Agency, Saidu Abdulkadir, gave the assurance on Tuesday in Abuja, while briefing newsmen on the deregulation of the downstream oil and gas sector. Abdulkadir…
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Fuel price hike: No protest will be allowed – Police
The Police Command in Borno, says it will not tolerate any form of protest capable of disrupting the “hard earned peace in the state’’. DSP Edet Okon, the command spokesman, gave the warning in a statement on Tuesday in Maiduguri. Okon said that available information indicated that some groups were planning protest against the hike…
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Nigeria’s new fuel price still cheapest in W/Africa, those protesting increase are mischievous – Lai Mohammed
The Minister of Information and Culture, Lai Mohammed, has defended the decision of the government to increase the price of Premium Motor Spirit (PMS), also known as petrol. He attributed the increased amount to the global price of crude oil, saying the “angry reactions” that have greeted the latest petrol price were “unnecessary and totally…
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Abuja residents moan, groan under harsh economic conditions
…commercial transporters double cost …’keke’ and okada riders increase cost by 50 percent …there’s palpable fear that a bag of foreign rice may hit N50k by December It was moaning and groaning as Abuja residents bitterly complain about the high cost of living in satellite towns barely one week after the federal government increased electricity…
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Why Buhari allowed hike in fuel price, electricity tariffs despite COVID-19 challenges – Presidency
The Presidency says in these challenging times, President Muhammadu Buhari is pushing development goals not politics and history will judge him in favourable terms in spite of criticism on social media. Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, made this known in a statement in Abuja on Sunday. The presidential…
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PDP rejects N151 fuel price, hike in electricity tariff
Nigeria’s major opposition, the Peoples Democratic Party (PDP) has rejected the latest increase in pump price of fuel from N145 to N151 per litre. The party also rejected increase in electricity tariff to N66 per kwh which came into effect on September 1. It described the new price regime as callous, cruel and punishing. In…