Tag: Fuel Price
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PPMC fixes ex-depot price of PMS at N138.62 per litre
The downstream subsidiary of Nigerian National Petroleum Corporation (NNPC), Petroleum Products Marketing Company (PPMC), has fixed the ex-depot price of premium motor spirit (PMS), known as petrol at N138.62 per litre. PPMC disclosed this in a memo signed by its Manager, Sales, Mohammed Bello, in Abuja, on Tuesday. The ex-depot price is the price at…
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Election postponement: Petroleum marketers sympathize with Nigerians, order reduction in fuel price
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has ordered its members to slash the price of fuel from N145 to N140. IPMAN gave the order in a statement on Sunday where it noted that it was due to the postponement of the 2019 elections. The National President of the association, Chinedu Okoronkwo, represented by…
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2019: Atiku’s ‘dream’ of crashing fuel price to N90 laughable – Buhari
President Muhammadu Buhari on Monday described as laughable the intention of the presidential candidate of the Peoples Democratic Party Alhaji Atiku Abubakar to crash fuel price from N145 to N90 if elected as President. Speaking through, Festus Keyamo, SAN, Director, Strategic Communications of his Campaign Organisation, Buhari described the promise as laughable and a move…
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2019: Atiku will crash fuel price if elected president – PDP
The Peoples Democratic Party, on Thursday, revealed that its presidential candidate, Alhaji Atiku Abubakar, has a pricing template that will crash the pump price of fuel in the country, if elected Nigeria’s president. PDP made this known in a statement, signed Kola Ologbodiyan, its National Publicity Secretary and shared on its verified Twitter handle, @OfficialPDPNig.…
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FG denies plans to increase fuel price, promises to end scarcity before weekend
The Federal Executive Council on Wednesday said it does not have plans to increase prices of petroleum products as speculated in some sections of the media. It also mandated the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu to end scarcity of the product before this weekend. This is coming amidst renewed queues at…
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No plans to increase fuel price, Saraki assures Nigerians
…Says Nigeria will exit recession by 2018 Senate President, Dr. Bukola Saraki has assured Nigerians that the National Assembly has no plans to increase prices of Premium Motor Spirit (PMS) which currently sells for N145. The Senate President stated this on Sunday in an interview with newsmen in Ilorin, Kwara State while highlighting the landmark…
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Nigerians will reject any attempt to increase fuel price again – NLC tells FG
The Nigeria Labour Congress, NLC has any attempt by the Federal Government to increase fuel price will be rejected in totality by Nigerians. The Federal Government said it has started paying subsidy on fuel as a result of the increase in the landing cost and total cost of fuel from N122.03 and N140.40 per litre…