The Federal Government has announced the reduction of the Premium Motor Spirit (PMS), popularly known as petrol from N168 to N162.44 per litre. This was disclosed by the Minister of Labour and Employment, Dr Chris Ngige, at the end of a meeting with the organised labour on Tuesday. According to the Minister, a technical committee…
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A tank farm that containing about 6,000 metric tonnes of petrol went up in flames Thursday afternoon after a huge fire broke out, according to the Lagos State Emergency Management Agency. To prevent the fire from spreading to other tank farms, no fewer than 20 fire tenders were deployed from both public and private emergency services to the OVH…
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Since the hike in price of petrol, Nigerians have groaned their displeasure but in a statement released on Sunday September 6, the Presidency clarified the reason for the removal of fuel subsidy, noting that it was a tough decision President Muhammadu Buhari. According to LIB, the Senior Special Assistant to the President on Media and Publicity,…
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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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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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The Nigerian Government has reduced the price of petrol also known as Premium Motor Spirit (PMS) to the band of N121.50 to N123.50 per litre, The PUNCH reports. The Petroleum Products Pricing Regulatory Agency (PPPRA) made the announcement in a circular to fuel marketers dated May 31, 2020. The sharp drop in crude oil prices on…
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According to multiple reports, one person has been killed and several others injured after a fuel tanker burst into flames in the Obalende area of Lagos State on Friday April 2. The tanker belonging to the NNPC was said to have tipped over before bursting into flames in front of the Oando filling station. The…
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The Nigerian National Petroleum Corporation (NNPC) has once again appealed to Nigerians to stop the panic of buying and hoarding petrol. NNPC urged Nigerians to disregard the trending social media report of an impending fuel scarcity due to purported refusal by some oil marketers to lift products from depots. In a release on Friday, by…
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The UK has said that it will begin to ban the sale of petrol and diesel vehicles from the year 2040 in a bid to reduce air pollution. According to Punch, the British High Court demanded the government produces plans to tackle illegal nitrogen dioxide pollution, which is largely caused by diesel emissions. “Diesel drivers are not…
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Barring last minute changes, the Nigerian Labour Congress(NLC) and its civil society allies plan to shut down economic activities in the country starting from Wednesday, May 18 in protest against the hike in the pump price of petrol announced by the government. According to Vanguard, it was gathered that labour leaders will forward a letter to…
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