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Petrol - Page 2

Fear Of Price Hike Forces NNPC To Increase Supply To Oil Marketers

Petrol To Sell For N462 Per Litre, NNPC Reveals

The cost of petrol could rise to N462 per litre without subsidy, the Group General Manager, Group Public Affairs Division, Nigerian National Petroleum Company (NNPC) Limited, Garba Muhammad, revealed. Currently, the federal government pays N297 per litre for 68 million litres of

September 5, 2022

Business·Oil & Gas

FG Sends Agencies To Shutdown Filling Stations Selling Petrol Above N165

Filling stations selling Premium Motor Spirit (PMS) above N165 will lose their license of operation, the Nigerian government, as its agencies commence joint inspection of retailers in Abuja. The threat followed statement of the Independent Petroleum Marketers Association of Nigeria (IPMAN) regarding

June 28, 2022

Business·Oil & Gas

Diesel Price To Rise From N800 To N1,500 In Two Weeks

The Natural Oil and Gas Suppliers Association (NOGASA), Bennett Korie, said in the next two weeks, the price of diesel per litre will rise to N1,500 from N800, due to importers inability to access foreign exchange (forex) at Central Bank of Nigeria

June 15, 2022

Business·Oil & Gas

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

In two weeks, Nigerians consumed 966.58 million litres of petrol, which cost them about N156.58 billion, in May, according to the Nigerian National Petroleum Company (NNPC), with Lagosians spending the highest amongst state. According to data on NNPC Premium Motor Spirit (PMS)

June 13, 2022

Business

Cabals Benefitting From Petrol Imports Frustrating Local Refineries – IPMAN

The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, has disclosed the cause of forex scarcity in the country. Chinedu who made this known in an interview with Punch Newspaper said massive imports of Premium Motor Spirit,

May 30, 2022

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Oil & Gas

Adulterated Petrol: 100 Million Litres Affected, Say Marketers

Emerging reports claimed that oil marketers estimated that about 100 million litres of contaminated petrol were imported into Nigeria and had been recalled by the Pipelines Product Marketing Company, a subsidiary of the NNPC. Therefore, federal government is said to overseas supplier,

February 9, 2022

Oil & Gas

Petrol Landing Cost Rises To N282/litre, Oil Hits $90 – Reports

Emerging reports have claimed that the landing cost of Premium Motor Spirit (petrol) imported into Nigeria to over N282 per litre. Prime Business Africa gathered that the further rise in the landing cost of petrol means increased subsidy as the pump price

January 27, 2022

Petrol Price Rises By 230.78% As Nigerians Paid N626.70 In August

Oil & Gas·Top Stories

Abia Residents Pay More For Fuel In August, Kano Customers Spend Less

REPORT released on Thursday by National Bureau of Statistics (NBS) indicated that residents of Abia state paid higher price for Premium Motor Spirit (PMS) also known as petrol in the month of August

September 17, 2021

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Petrol - Page 2

Petrol To Sell For N462 Per Litre, NNPC Reveals

FG Sends Agencies To Shutdown Filling Stations Selling Petrol Above N165

Diesel Price To Rise From N800 To N1,500 In Two Weeks

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

Cabals Benefitting From Petrol Imports Frustrating Local Refineries – IPMAN

Adulterated Petrol: 100 Million Litres Affected, Say Marketers

Petrol Landing Cost Rises To N282/litre, Oil Hits $90 – Reports

Abia Residents Pay More For Fuel In August, Kano Customers Spend Less

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