Tag Archives: Petrol

ICYMI: Fuel Price In Nigeria Reduced From N168 To N162.44 Per Litre

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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Ijora Explosion: Tank Farm In Lagos Gutted By Fire

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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Presidency Says ‘History Will Be Kind’ To Buhari For Fuel Subsidy Removal

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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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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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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There Is Over One Billion Litres Of Petrol Available -NNPC Speaks On Fuel Scarcity Rumours

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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