Tag: Petrol
Obaseki: It’s shameful Nigeria still imports fuel
Edo State Governor, Godwin Obaseki, has decried Nigeria's continued importation of petroleum products despite being one of the largest producers of crude oil in...
NNPC pays N297 per litre subsidy as petrol hits N462
The Nigerian National Petroleum Company Limited (NNPC Ltd) says it is paying N297 subsidy on every litre of Premium Motor Spirit, otherwise known as...
10 buildings razed as petrol-laden tanker explodes in Ogun
No fewer than ten buildings were razed on Saturday after a tanker laden with 45,000 litres of Premium Motor Spirit, well known as petrol,...
NNPC: Churches, mosques, communities involve in oil theft
The Group Chief Executive Officer of the Nigeria National Petroleum Corporation Limited (NNPC Ltd.), Mele Kyari, has again raised the alarm over the involvement...
Minister: Nigeria spends N18.39bn daily on fuel subsidy
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Federal Government spends N18.39 billion on fuel subsidy.
Ahmed, who said the...
Kerosene price rises as litre costs N800
The price of kerosene that many Nigerians rely on for cooking has soared to N800 per litre in some cities as new petroleum prices...
Despite price increment, FG denies removing fuel subsidy
Despite increment in the price of the Premium Motor Spirit (PMS), otherwise known as petrol, the Federal Government has denied removing subsidy on the...
Marketers increase petrol pump price to N170-N190/litre
The pump price for Premium Motor Spirit (PMS), popularly known as petrol, has been increased from N165/litre to N170/litre and N190/litre in the country.
It...
Fuel scarcity may worsen as marketers threaten industrial action
Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to embark on industrial action following the failure of the Federal Government...
Reps to investigate NNPC fuel subsidy claim from 2017-2021
The House of Representatives has constituted an ad hoc committee to investigate the Petroleum Products Subsidy regime between 2017 and 2021 by the Nigerian...
