Fuel prices in Nigeria have surged to N1,030 per litre at NNPC outlets in Abuja, following the termination of an exclusive purchase agreement with Dangote Refinery. This shift allows other marketers to negotiate prices directly, sparking frustration among motorists amid ongoing economic...
The Presidency refutes NLC President Joe Ajaero's claims that President Tinubu broke an agreement on fuel prices, labeling the allegations as "dirty politics." Presidential aide Abdulaziz Abdulaziz insists no such deal was made during meetings with labor leaders, accusing Ajaero of manipulating...
Nigeria's Dangote oil refinery commenced supplying petroleum products to the local market, marking a significant stride in the nation's pursuit of energy independence.
The refinery, erected for $20 billion by billionaire Aliko Dangote, Africa's richest man, stands as the continent's largest...
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has contradicted President Bola Tinubu's statement that the subsidy era for petroleum is over, asserting that the Federal Government is still paying subsidy. Osifo, who also...
The federal government has denied plans to increase price of Premium Motor Spirit (PMS), popularly called petrol to a minimum price of N180
This was contained in a statement issued by Idang Alibi, Director of Press, Ministry of Petroleum Resources.
Idang said thee Minister of State for...
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Minister of State for Petroleum Resources, Ibe Kachikwu, and the Group Managing Director of the NNPC, Maikantu Baru held a closed door meeting with President Muhammadu Buhari on Monday, 5th 2016.
The meeting came after the marketers expressed support over the decision reached at a gathering of...
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The Chairman of Edo State chapter of Nigeria Labour Congress (NLC), Comrade Emmanuel Ademokun, Tuesday described the injunction granted the federal government by the National Industrial Court, which stopped the planned strike action by the NLC, until the determination of a suit filed by the...
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Department of Petroleum Resources (DPR) has sealed not less than five petrol service stations in Osogbo, the capital of Osun State, for selling Premium Motor Spirit (PMS), also referred to as petrol, above the 145 Naira price band recently set by the Federal Government.
According to Channels...
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petrol station selling above n145
The House of Representatives in Nigeria on Monday began a special session to deliberate on the Federal Government’s announcement of an increase in the price of Premium Motor Spirit, also referred to as Petrol.
Minister of petroleum, Dr Ibe Kachiwku during a session with the Nigerian lawmakers...
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Labour leaders in the country are meeting today to decide on a possible protest against the increase in the price of petrol.
President Muhamamdu Buhari had on Wedsneday raised the price of PMS from N86.50 to a maximum of N145 per litre.
The new policy allows marketers to import petrol and sell...
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