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December 14: Marketers Fail to Comply With N5 Reduction in Petrol Price

December 14: Marketers Fail to Comply With N5 Reduction in Petrol...

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Oil marketers in the country have failed to adjust the pump prices of Premium Motor Spirit aka (petrol) at their filling stations to reflect...
Marketers Gear for Showdown with FG Over Fuel Pump Price Reduction

Oil Marketers Gear for Showdown with FG Over Fuel Pump Price...

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The petroleum product marketers are gearing for a showdown with the federal government following the decision to reduce the pump price of petrol by...
‘Why Local Refineries Won't Produce PMS’

‘Why Local Refineries Won’t Produce PMS’

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The optimism of self sufficiency that trails the springing up of local refineries in the country may not necessarily end Nigeria's dependence on fuel...
December 14: Marketers Fail to Comply With N5 Reduction in Petrol Price

Fuel Price: Nigerians Paying for Govt Inefficiency, Says PANDEF

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The Pan Niger Delta Forum has said the latest increase in the price of petrol was an indication that Nigerians would continue to pay...
Expect Further Hike in Fuel Price – President Buhari Tells Nigerians

Expect Further Hike in Fuel Price – President Buhari Tells Nigerians

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Another fuel price hike is imminent as President Mohammadu Buhari tells Nigerians to prepare for a reality-based price adjustment on the prices of petroleum...
Automobile Owners to Pay N250,000 for Conversion from Fuel to Autogas, FG Says

Nigeria to Save ₦1trn Annually from Subsidy Removal – Sylva

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         …Says subsidy Removal to Create Massive Jobs The Minister of State for Petroleum Resources, Mr Timipre Sylva has said that the Federal Government’s decision...
Kenya Slashes Petrol, Diesel and Kerosene Prices

FG Hands-Off Control Over Petrol Price, Says Marketers now Free to...

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The Federal Government on Tuesday announced that it would no longer get involved in fixing of price band for Premium Motor Spirit (PMS) popularly...
Nigeria Spent N10.413 Trillion on Fuel Subsidy in 13 Years – Lai Mohammed

Nigeria Spent N10.413 Trillion on Fuel Subsidy in 13 Years –...

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The Federal Government of Nigeria has disclosed that the country spent N10.413 trillion on fuel subsidy in the last 13 years (2006-2019). The Minister of...