•Dangote fuel trucks The Dangote Petroleum Refinery has announced a fresh hike in the price of Premium Motor Spirit (petrol), citing escalating global geopolitical tensions. In a notice sent to marketers last night and obtained by our correspondent, the refinery disclosed that its ex-depot (gantry) price had been raised from N1,175 per litre t...
Fuel marketers in Edo State have increased pump price of fuel to N900 per litre. This is coming few hours after Dangote Petroleum Refinery and Petrochemicals announced an increase in the ex gantry price of Premium Motor Spirit (PMS) from N699 per litre to N799 per litre. Before the increment, fuel stations in Edo sold […]
•Fuel pump The Dangote Petroleum Refinery has temporarily halted the sales of petroleum products in naira as the naira-for-crude talks between the $20 billion Lekki-based plant and the Nigerian National Petroleum Company Limited appear to have failed. Following the announcement of the halt in petroleum products’ sales in naira by the Dangote r...
Against the backdrop of the presumed full deregulation of Premium Motor Spirit (PMS), also known as petrol, which was believed to have led to the hike in the price of the product, last week, the price may go up again very soon, experts have warned. The experts predicted their warning on further depreciation of the […]
The recent increase in fuel prices by the Nigerian National Petroleum Company Limited (NNPC Ltd) has sparked outrage among Nigerians, with many lamenting, “Na citizens go suffer am.” Today, NNPCL announced that the pump price of Premium Motor Spirit (PMS) had risen from N865 to N1,030 per litre, reports Nigerian Tribune. This hike follows the ...
•Tinubu and Organised Labour leaders The Nigeria Labour Congress has said that President Bola Tinubu betrayed Organised Labour, using the price of Premium Motor Spirit, commonly called petrol, as bait. The Organised Labour stated that at the negotiation which informed the acceptance of N70,000 by the organised labour, President Tinubu offered ...
•Dangote Refinery Despite the rollout of premium motor spirit (PMS) otherwise known as petrol from the Dangote Refinery on Sunday, Nigerians have expressed disappointment over the high price of fuel. They said their hope on the refinery for a reduced fuel price after recent increment of pump price was dashed with the price sold to […]
•Tinubu and Kukah Catholic Bishop of Sokoto Diocese, Mathew Hassan Kukah, has asked President Bola Ahmed Tinubu and the leaders of the ruling All Progressives Congress (APC) to reduce the current pump price of fuel, saying Nigerians are hungry. He spoke today in Abuja, during the official unveiling of The Progressive Institute (TPI), reports D...
Dangote Petroleum Refinery has explained why it cannot determine and influence fuel prices. Anthony Chiejina, the Group’s Chief Branding, and Communications Officer, issued a statement today explaining that the government regulates the pricing of Premium Motor Spirit (PMS), commonly known as petrol, preventing Dangote from setting or influenci...
•Tinubu The Peoples Democratic Party (PDP), today condemned the increase in the pump price of fuel to over N1,000 per liter in various parts of the country, describing it as a brutal assault on the sensibility and wellbeing of Nigerians. The Nigerian National Petroleum Corporation, NNPC, Limited, NNPC, had yesterday increased its pump price of...
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