The Federal Government dismissed claims that petrol discounts at NNPCL stations mark a return to fuel subsidies, stating that zero public funds are supporting the price...
The Federal Government has announced plans to introduce a price-modulation mechanism for petrol, with a proposed ceiling of ₦1,350 per litre on the ex-gantry or landing...
The Federal Government has announced a 30-day discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL), with public transport operators to receive priority...
Independent petroleum marketers on Monday pushed for the restoration of importation rights and projected that the pump price of Premium Motor Spirit, popularly called petrol, could...
The International Monetary Fund (IMF) says Nigeria may need to extend value-added tax (VAT) to fuel products and introduce excise duties on telecommunications services to raise...
Amidst an ongoing price war between players in the nation’s downstream oil sector, fresh investigations have revealed that the landing cost of imported Premium Motor Spirit...
Independent petroleum marketers in Nigeria are hoping that the Dangote Petroleum Refinery will sell its Premium Motor Spirit, popularly called petrol, at N600 or N650/litre when...
The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of Premium...
Petrol depots have crashed the prices of fuel amidst speculations of a rise to N700 per litre this month. The Independent Petroleum Marketers Association of Nigeria...
The Nigerian Extractives Industries Transparency Initiative (NEITI) says there is no credible data to ascertain the daily consumption of petrol in Nigeria. Orji Ogbonnaya, its executive...