Tags : Fuel Hike

New Fuel Price and its downstream implications for Nigerians

Some days ago, the Petroleum Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, which currently imports almost all of Nigeria’s petrol announced that it has adjusted the ex-depot price of Premium Motor Spirit, also known as petrol, from ₦147.67 to ₦155.17. According to PREMIUM TIMES, a memo signed on Wednesday, […]

New Fuel Price And Its Downstream Implications For Nigerians

Some days ago, the Petroleum Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, which currently imports almost all of Nigeria’s petrol announced that it has adjusted the ex-depot price of Premium Motor Spirit, also known as petrol, from ₦147.67 to ₦155.17. According to PREMIUM TIMES, a memo signed on Wednesday, […]

New PSM Pump Price: IPMAN Says Nigerians Should Be Ready

The National Operation Controller, Independent Petroleum Marketers Association of Nigeria, Mr Mike Osatuyi, has said Nigerians should expect to pay more for the pump price of petrol with the increasing price of crude oil in the global market. Mr Osatuyi who stated this in an interview with Newsmen said the latest increment of petrol ex-depot […]

NLC Insists On Strike Action, Gives FG Deadline

The Nigeria Labour Congress (NLC) has insisted that it will carry on with its proposed strike action with regards to the recent increase in electricity tariff and the removal of petrol subsidy. This resolve, according to Channels TV, was taken following a closed-door meeting between the NLC and the Speaker of the House of Representatives, […]

Oyo APC Leadership Lauds FG Over Increase In Fuel Price

Leaders of the All Progressive Congress (APC) in Oyo State have backed the recent increase in the price of petrol from ₦149 to ₦151. 56k announced by the Federal Government. While speaking with BCOS News on the development, some Leaders of the Party stated that even though it may be difficult for Nigerians at this […]

Fuel Hike: “Police Won’t Allow Protest In Borno” CP

The Borno State Commissioner of Police, CP Mohammed Ndastu Aliyu, has said it will not condone any form of protest capable of sabotaging the Federal Government’s effort and also the peace in the State. The Command spokesman, DSP Edet Okon, issued this warning on Tuesday, September 8, 2020, adding that some groups are planning protests […]