fuel price hike

  1. Fuel Price Hike: Mbaka Warns of Hunger Crisis, Calls for Divine Intervention

    Nigeria Fuel Price Hike: Mbaka Warns of Hunger Crisis, Calls for Divine Intervention

    Rev. Fr. Ejike Mbaka has expressed concern over rising fuel prices in Nigeria, calling for increased prayers to avoid a looming famine. He urged Nigerians to invest wisely, as inflation diminishes the value of money. Mbaka believes the government knows how to address the crisis but emphasizes...
  2. NNPC Clears the Air on Fuel Quality and Price Hike Protests

    Nigeria NNPC Clears the Air on Fuel Quality and Price Hike Protests

    NNPC has denied importing adulterated petrol, responding to allegations amid protests over recent price hikes. The company, led by Mele Kyari, reaffirmed its commitment to quality standards and clarified that the GCEO is not responsible for fuel price increases, which have surged significantly...
  3. Labour Unions Meet Federal Government to Address Rising Fuel Costs

    Nigeria Labour Unions Meet Federal Government to Address Rising Fuel Costs

    The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) are meeting with the Federal Government to discuss pressing issues, particularly fuel prices and their impact on the economy. Key officials, including the Minister of Labour and the National Security Adviser, are participating in...
  4. Nigeria’s Inflation Jumps to 32.70% as Fuel Prices Soar

    Nigeria Nigeria’s Inflation Jumps to 32.70% as Fuel Prices Soar

    Nigeria's inflation surged to 32.70% in September 2024, influenced by a rise in fuel prices, with food inflation also increasing to 37.77%. The National Bureau of Statistics reported a 0.55% month-on-month rise, prompting the Central Bank to raise interest rates to 27.25% to combat inflation...
  5. Nigeria's Petrol Prices Reach N1,030: Experts Predict Further Increases

    Nigeria Nigeria's Petrol Prices Reach N1,030: Experts Predict Further Increases

    Experts warn of potential petrol price hikes in Nigeria due to geopolitical tensions and currency depreciation, following a recent increase to N1,030 per litre. The rising costs exacerbate inflation and economic hardship for citizens, highlighting the challenges of deregulation and the need for...
  6. NLC to Meet Over Rising Petrol Prices Threatening Workers’ Salaries

    Nigeria NLC to Meet Over Rising Petrol Prices Threatening Workers’ Salaries

    Joe Ajaero, president of the Nigeria Labour Congress (NLC), condemns the recent petrol price hike, stating it undermines the new ₦70,000 minimum wage. He plans a union meeting to discuss collective actions against the increase, emphasizing the need to address the issue before implementing the...
  7. “Unfortunate and Insensitive”: Obi Slams Government Over Fuel Price Hike

    Nigeria “Unfortunate and Insensitive”: Obi Slams Government Over Fuel Price Hike

    Peter Obi condemns the recent fuel price hike by the Nigerian National Petroleum Company, which increased petrol prices from ₦897 to ₦1,030 per litre. He calls the decision “unfortunate and insensitive,” urging President Bola Tinubu to provide clarity and reverse the increase amid worsening...
  8. NLC Calls for Immediate Reversal of Fuel Price Hike

    Nigeria NLC Calls for Immediate Reversal of Fuel Price Hike

    The Nigeria Labour Congress (NLC) is urging the federal government to reverse the recent fuel price hike implemented by the Nigerian National Petroleum Company Limited (NNPCL). With petrol prices rising to N1,030 in Abuja and N998 in Lagos, citizens express frustration over the economic impact...
  9. Nigerians Outraged as Fuel Prices Surge to N1,030 per Litre

    Nigeria Nigerians Outraged as Fuel Prices Surge to N1,030 per Litre

    Nigerians are outraged over a recent fuel price hike, with petrol prices rising to N1,030 per litre in Abuja and N998 in Lagos. Citizens express concerns about worsening poverty and demand action from President Bola Tinubu, highlighting the strain of increasing costs on their daily lives...
  10. Sowore Vows October 1 Protest Will Hold Despite FG Warnings

    Nigeria Sowore Vows October 1 Protest Will Hold Despite FG Warnings

    Activist Omoyele Sowore has confirmed that the October 1 protest against rising economic hardship in Nigeria will proceed nationwide. Despite warnings from the government and police, the protest aims to address issues such as fuel price hikes, inflation, and insecurity, with peaceful...
  11. Fuel Price Hike Looms: Nigerian Marketers Await Dangote Refinery Pricing Clarity

    Nigeria Fuel Price Hike Looms: Nigerian Marketers Await Dangote Refinery Pricing Clarity

    Nigerian petroleum marketers are demanding transparency from Dangote Refinery over its fuel pricing as the NNPCL announced new rates across the country. Marketers are also considering fuel imports to stabilize prices, citing concerns over Dangote’s production capacity, as domestic supply remains...
  12. Ohanaeze, Afenifere, Arewa Youths Demand Immediate Reversal of Fuel Price Hike

    Nigeria Ohanaeze, Afenifere, Arewa Youths Demand Immediate Reversal of Fuel Price Hike

    Nigeria's major socio-cultural groups—Ohanaeze Ndigbo, Afenifere, and Arewa Youths—demand the government reverse the recent fuel price hike, warning of severe economic consequences. Increasing petrol prices have led to soaring transportation costs, rising commodity prices, and public outcry...
  13. Fuel Price Crisis: Edo Government Suspends School Resumption Indefinitely

    Nigeria Fuel Price Crisis: Edo Government Suspends School Resumption Indefinitely

    Edo State Governor, Godwin Obaseki, has indefinitely postponed the resumption of schools due to the recent fuel price hike. The government cited growing tensions and challenges from the increased fuel costs. Edo State has indefinitely postponed the resumption of all schools due to the recent...
  14. [VIDEO] "Enough is Enough": Tricycle Operators Protest in Kwara Over Fuel Prices

    Nigeria [VIDEO] "Enough is Enough": Tricycle Operators Protest in Kwara Over Fuel Prices

    Kwara State's tricycle operators shut down Ilorin city to protest the steep hike in fuel prices, disrupting daily activities. The protest reflects growing frustration over the economic hardship caused by fuel costs, with social media reactions mixed, ranging from sarcasm to calls for nationwide...
  15. NNPCL Blames Forex Rates, Market Forces for Rising Petrol Prices

    Nigeria NNPCL Blames Forex Rates, Market Forces for Rising Petrol Prices

    The Nigerian National Petroleum Company Limited (NNPCL) attributes the recent petrol price hike to foreign exchange rates and market forces, raising prices to N855-N897 per liter. NNPCL's Adedapo Segun assures the scarcity will ease soon. Labor unions demand a reversal, condemning the impact on...
  16. Nigeria's Fuel Crisis Worsens: Petrol Costs Skyrocket to N978/Liter

    Nigeria Nigeria's Fuel Crisis Worsens: Petrol Costs Skyrocket to N978/Liter

    Nigeria faces severe fuel shortages as petrol landing costs hit N978/liter. The government denies subsidy reinstatement despite projected allocations. Long queues and black market sales plague consumers. Experts call for collaboration between stakeholders to address the crisis. The situation...
  17. Petrol Prices Skyrocket: NBS Reports 157.57% Year-on-Year Increase to N679/Litre

    Nigeria Petrol Prices Skyrocket: NBS Reports 157.57% Year-on-Year Increase to N679/Litre

    The National Bureau of Statistics (NBS) reported a staggering 157.57% year-on-year increase in the national average price of Premium Motor Spirit (petrol), reaching N679.36 per litre, compared to N263.76 per litre in 2023. Zamfara State topped the chart with petrol priced at N750.43 per litre...
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    Metro head To Fix Petrol Price, Begins Full Deregulation – Naijaloaded

    https://www.naijaloaded.com.ng/news/breaking-federal-government-gives-marketers-go-ahead-to-fix-petrol-price-begins-full-deregulation
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    Metro Ogun Students Protest Hike In Fuel Price, Compose Song for Buhari (Video) – Tori News

    https://www.tori.ng/news/153756/ogun-students-protest-hike-in-fuel-price-compose-s.html
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    Business Fuel Hike: IPMAN says petrol now N162 Per litre – Laila’s Blog

    https://lailasnews.com/fuel-hike-ipman-says-petrol-now-n162-per-litre/
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