Tag: Fuel Prices
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Trending video: After increase of fuel prices, motorists refused to buy in PH
A video clip has surfaced online showing NNPC mega filling station in PortHarcourt as motorists refused to buy after pump price adjustment to N511. TheNewsGuru.com, (TNG) reports despite the long queue motorists refused to drive to buy fuel. Watch: View this post on Instagram A post shared by Media/News Company (@thenewsgurung)
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The Mother and Father of Fuel Prices, By Henry Boyo
By Henry Boyo Nigerians were probably jolted by the Petroleum Minister, Ibe Kachikwu’s confirmation to a National Assembly Committee, last week (4/1/18), that the current landing cost of petrol is about N171/litre, i.e. well beyond the present N145/litre regulated pump price. Instructively, the deregulated price of petrol is about $1.00(N305)/litre in nearby Ghana. However, in…