Tag: Fuel Pricing
-
Reps Minority Caucus slams fuel pricing arrangement between NNPCL and Dangote Refinery
The Minority Caucus of the House of Representatives has condemned fuel pricing arrangement between the corporation and Dangote Refineries. This was contained in a statement signed by the caucus leader, Rep Kingsley Chinda on Tuesday. The caucus said: “The NNPCL Statement clearly indicated that the price of fuel has been set at an alarming N950…
-
NNPC refutes plan to increase fuel prices amidst speculations
The Nigerian National Petroleum Company Limited (NNPCL) has denied any intentions of hiking the retail price of petrol in the country amid speculations and rising inflation. The country’s annual inflation rate surged to 24.08 per cent in July from 22.79 per cent in the month of June, according to data released by the National Bureau…
-
Fuel pricing: Kachikwu’s desperate options, By Henry Boyo
By Henry Boyo Thankfully, more fuel stations are gradually reopening for ‘normal’ business, while the severe social agony and angst instigated by the recent acute scarcity, has significantly eased, with the reported improvement in NNPC’s fuel stock. Nevertheless, Nigerians may not sleep with both eyes closed yet, as another scarcity with its usual trail of…