The global crude oil prices have surged to a staggering $93.55 per barrel, raising concerns about another petrol price hike in Nigeria. This price increase coincides with the continued depreciation of the Naira against foreign currencies, with the Naira exchanging at N980/$1 on the parallel...
The Senate Committee on Works has recommended an increase in the pump price of petrol from N145 to N150 for the implementation of the proposed National Roads Fund (NRF).
The recommendation came a year after President Muhammadu Buhari raised the pump price of fuel from N87 to N145 per litre...
Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has told its members to disregard the rumour of a possible hike in price of petroleum products.
The state IPMAN Chairman, Alhaji Bashir Dan-Malam, said on Friday that the warning was inevitable to avert hoarding and...
The Nigerian National Petroleum Corporation (NNPC) has increased the pump price of petrol at its retail outlets by 2.86% from N141 to N145 per litre.
Though the new N145 price remains within the maximum price cap fixed by the federal government in May, this is the first time fuel at NNPC’s...
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