Tags : Fuel Price

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 […]

Reps Caucus Demands Halt In Fuel Price Increase

The Minority Caucus in the House of Representatives has rejected the reported increase in the pump price of fuel from ₦148 to ₦151.56. Minority Leader of the House, Hon. Ndidu Elumelu, made the position of the Lawmakers known in a statement on Wednesday, September 2, 2020. Hon. Ndidu Elumelu described the announced price as unacceptable, […]