The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it will import Premium Motor Spirit (PMS), also known as petrol, if the landing cost is cheaper compared to that of the Dangote Refinery. The oil marketers also expressed concerns over the delay in announcing the price of PMS produced by the Dangote Petroleum Refinery,...
•School children As schools resume for the 2024/2025 academic session across the nation from tomorrow, the economic and social dislocation caused by last week hike in the pump price of petrol is causing panic among school owners, parents, teachers and students. Findings by our correspondents show that some private school owners are confused on...
•Benson Upah Benson Upah is the spokesperson for the Nigeria Labour Congress (NLC). In this interview with Daily Trust, he expressed concern that the price of fuel may increase to N5,000 per litre. He added that the recent increase runs contrary to the agreement the union reached with the federal government. During the week, the […]
•Aliko Dangote Dangote Group has dismissed reports that the Nigerian National Petroleum Company Limited (NNPCL) has started lifting Premium Motor Spirit (PMS), popularly known as petrol, from its refinery. A newspaper had reported that NNPCL lifted petrol from Dangote Refinery and sold it for N897 per litre to Nigerians, reports The Nation. Ho...
The National Association of Nigerian Students (NANS) has denied organising a protest against the increase in petrol price. NANS rebuttal comes amid a statement purportedly from the association announcing a shutdown of all major cities across the country over the increase in petrol prices, reports Channels TV. According to the statement, the gr...
Against the backdrop of a new increase in petrol price, marketers have adopted a wide range of price differentials nationwide with petrol stations owned by the Nigerian National Petroleum Company Limited, NNPCL, among the highest pump prices. While it was learnt that the latest upward adjustment has fixed the base price at N855 per litre, [&he...
Nigerians, especially motorists, woke up today to discover that the Nigerian National Petroleum Company Limited (NNPCL) had increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to ₦855 per litre from the previous ₦617 per litre. This unexpected price hike shocked many Nigerians, prompting them to flock to nearby NN...
•Rebecca Cheptegei A Ugandan Olympian is in intensive care in a Kenyan hospital after being doused with petrol and set on fire allegedly by her partner, officials said today, the latest horrific incident of gender-based violence in the East African country. Long-distance runner Rebecca Cheptegei, 33, was assaulted after her Kenyan partner Dick...
Nigeria’s downstream petroleum industry may have gone into a frenzy, following clear indications that the federal government may no longer sustain the cost of under-recovery, otherwise known as subsidy, due to the steady rise in petrol import bills. Industry operators told our correspondent yesterday that it is now clear that pump price may be...
•Femi Falana Human rights lawyer Femi Falana says the “importation scam” around petrol must be investigated. “It is high time the importation scam was investigated,” he said on Channels Television last night. “I am not talking about the joke that is going on in the National Assembly. The media must help, civil society organisations must [&hell...

