Tag Archives: Price

Nigeria’s Inflation Sees Biggest Monthly Jump In 2020 As Rate Hits 13.22%

The National Bureau of Statistics (NBS) has revealed that the country’s inflation rate recorded its highest increase so far this year with 13.22 per cent in August and making it the highest since April 2018. The statistics office’s data in its latest consumer price index report shared on Tuesday, noted that, “the consumer price index, which measures inflation increased…

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Osun Residents Stage Protest Over Electricity Tariff, Increment In Petrol Price

According to SaharaReporters, members of the Coalition for Civil Societies in Osun have staged a peaceful protest over the hike in electricity tariff and petrol price. The protesters who began their march from Freedom Park, Osogbo, early in Friday morning, expressed displeasure over the “approval of new electricity tariff and increment in the pump price of petrol is the…

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PPMC Increases Price Of Petrol From N138.62 To N151.56 Per Litre

The Petroleum Products Marketing Company (PPMC) has increased the pump price of premium motor spirit (PMS) otherwise known as petrol from N138.62 per litre to N151.56 per litre. “Please be informed that a new product price adjustment has been effected on our payment platform,” PPMC said in an internal memo signed by D.O Abalaka to industry…

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Federal Government Increases Petrol Pump Price To N143.80 Per Litre

The Petroleum Products Pricing Regulatory Agency (PPRA) has announced a new retail price band for oil marketers. In a circular released on Wednesday July 1, from the regulatory agency, the price of Premium Motor Spirit (PMS) has been increased from N140.80 to N143.80 per litre. Sources at the Abuja headquarters of the agency said the rise in petrol price…

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Man Declines Assisting Wife’s Family Financially After He Was Made To Pay N580k As Bride Price

If you’ve been in the Nigerian twitter space, you must have come across the trending story of a man who allegedly was made to pay 580k as bride price before he could marry his wife, this excluding all of the other traditional and white wedding expenses. His wife who took to Twitter to narrate the story…

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Mixed Reactions As President Buhari Approves The Reduction Of Petrol Price To N125

The Nigerian Government has finally reduced the pump price of petrol to N125 from N145 which has ignited mixed reactions on Twitter. The announcement was made at the end of the Federal Executive Council meeting on Wednesday at the Presidential Villa in Abuja and was shared via the official Petroleum Resources Twitter pages. In a…

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