Tag: PETROL
Petrol: Federal Government To Stop Subsidy By June 2022
The Minister of Finance, Budget and National Planning Zainab Ahmed says complete deregulation of the downstream sector of the oil and gas industry would...
Security Challenges: Katsina Police Arrest 5 Suspects Supplying Bandits With Petrol
The Katsina state Police command has confirmed the arrests of five persons suspected to be supplying petroleum products to bandits, in addition to a...
Petrol: Labour Urges FG To Allow Market Forces Determine Price
The Nigeria Labour Congress, NLC has called on the Federal Government to allow market forces determine the pump price of petroleum products.It would be...
PMS: Petrol Price Increase Looms As PPMC Adjusts Ex-Depot Fee
A fresh hike in the pump price of Premium Motor Spirit PMS, popularly known as petrol looms following the adjustment of the ex-depot price...
Petrol: PPPRA insists no going back on price control
The Petroleum Products Pricing Regulatory Agency, PPPRA has maintained that it would continue fixing price bands for petrol in spite of opposition by oil...
Petrol: NUPENG, PENGASSAN Suggest Refineries Fixing Before Subsidy Removal
The National Union of Petroleum and Natural Gas Workers, NUPENG says any deregulation in the petroleum sector that is still dependent on importation of...
Petrol Imports Gulped N1.71tn In 2019 – NBS
Data
obtained from the National Bureau of Statistics have shown that the amount
spent on petrol imported into Nigeria dropped by 42 per cent to 1.71...
Petrol: Agency Says NNPC Imported 18bn Litres Of PMS In...
The Petroleum Products Pricing Regulatory Agency, PPPRA
latest report showed that more than over eighteen billion litres of petrol was
supplied to Nigeria in 2019.The agency’s...
Subsidy On Petrol Now N18.68/Litre – PPPRA
The Petroleum Products Pricing Regulatory Agency
said that the current open market price for Premium Motor Spirit, popularly
known as petrol is 163.68 naira per litre.PPPRA...
Petrol: Finance Minister Says Subsidy To Gulp N450bn In 2020
The Minister for Finance, Budget and National
Planning, Zainab Ahmed, says under-recovery of fuel subsidy will gulp 450
billion naira in 2020. She stated at the...
PPPRA: Daily Petrol Usage Drops To 50m Litres After Border Closure
The Petroleum Products
Pricing Regulatory Agency, PPPRA said that the country’s daily petrol
consumption dropped from about 61 million litres to 50.22 million litres
following the partial...
Petrol: Senate Approves N129bn Subsidy Payment For 67 Oil Marketers
The Senate has
approved one hundred and twenty nine billion naira as final subsidy arrears
claim to sixty seven oil marketing companies.The endorsement
brought the total of...
Petrol: Moman Says `No Cause For Alarm,” On Commodity Scarcity
The Major Oil Marketers Association of Nigeria,
MOMAN has urged Nigerians to stop panicking over the likelihood of fuel
scarcity. It assured of the association’s effective...
