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Breaking: FG Reduces Price of Fuel

The Federal Government has announced a reduction in the pump price of premium motor spirit, also known as petrol, from N168 to N162.44 per litre with effect from December 14. The Minister of Labour and Employment, Dr Chris Ngige,

IPMAN to FG: Scrap PPPRA, PEF Now!

The relevance of the Petroleum Products Pricing Regulatory Agency (PPPRA) and the Petroleum Equalisation Fund (PEF) is deemed lost in the face of full deregulation of the downstream sector of the Nigerian oil and gas industry.