Tag: fuel
Fresh fuel price hike imminent as landing cost increases by 37.4%
Indications are rife that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers...
Fuel consumption monthly dips by 18.5million litres after deregulation – FG
The Federal Government has said the volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half...
Marketers project N700/litre petrol
Oil marketers have projected that the pump price of petrol could soar above N700 per litre in Northern Nigeria from July.
The National Controller Operations,...
FG borrows to import fuel – Minister
The Federal Government has disclosed that sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills.
The government also...
Strike looms as marketers protest N185/litre fuel
The Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to halt its service over incessant increment on the price of the premium motor...
Nine dead, 130 injured in Libya fuel truck fire
At least nine people and seventy six others injured after a fuel tanker truck caught fire and exploded Monday in central Libya, health authorities...
Refinery rehabilitation, fuel subsidy gulped N1.3tn in five months – NNPC
The Nigerian National Petroleum Company Limited on Monday said the amount spent as subsidy on Premium Motor Spirit, popularly called petrol, and on refinery...
Fuel queues stretch in Lagos, Abuja as pumps sell at N180/litre
Queues have emerged at filling stations in major cities of Lagos, Abuja and Ogun on Monday, forcing motorists to spend hours at filling stations.
For...
Depot owners inflating fuel prices to be sanctioned – FG
The Federal Government will punish depot owners selling fuel above the approved ex-depot price in filling stations nationwide.
This was disclosed in a statement by...
Subsidy responsible for fuel scarcity – NEITI
The Nigeria Extractive Industries Transparency Initiatives, an agency of the Federal Government has said the over one-week scarcity of Premium Motor Spirit, popularly called...