Niger Republic, facing a severe fuel shortage due to a series of diplomatic and economic missteps, has turned to Nigeria for assistance. Despite months of […]
Tag: Fuel
Nigeria’s Fuel Subsidy Debt Hits N7.74tn as Government Works on Repayment Plan
The Federal Government’s debt to the Nigerian National Petroleum Company Limited (NNPCL) for exchange rate differential (subsidy) on Premium Motor Spirit (PMS) has reached N7.74 […]
PENGASSAN Predicts PMS Price Hike Amid Rising Crude Oil Prices and Exchange Rate Challenges
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has warned that the price of Premium Motor […]
Nigeria’s Oil Marketers Persist with Fuel Imports Despite Domestic Refinery Operations
Despite the commencement of fuel production by the Dangote Petroleum Refinery and the Port Harcourt Refining Company (PHRC) in recent months, Nigerian oil marketers continue […]
Fuel Price Hike Sparks Tensions Between IPMAN and NNPCL, as Nigerians Lament Economic Hardship
The latest hike in petrol prices by the Nigerian National Petroleum Company Limited (NNPCL) has led to a confrontation with the Independent Petroleum Marketers Association […]
Fuel Price Surge: Stations Adjust Prices Nationwide Amid Supply Crisis
Petrol stations across the country have raised their pump prices following the latest hike in supply costs. In the Federal Capital Territory (FCT), major and […]
Fuel Importation Drops as Nigeria Faces Subsidy Removal Fallout
Nigeria has seen a significant decline in petrol imports following the removal of fuel subsidies by President Bola Tinubu in May 2023. According to the […]
Aliko Dangote Presents First Sample of Petrol from Lagos Refinery, Commends Tinubu Administration
Aliko Dangote, President of Dangote Group, has presented the first sample of Premium Motor Spirit (PMS), commonly known as petrol, produced at his refinery. The […]
PETROAN President Warns of Imminent Petrol Price Hike Despite Dangote Refinery’s Commencement of Production
The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gilly-Harry, has issued a warning about a potential increase in the […]
Fuel Prices Soar to Nearly N1,000 Per Litre in Kano as Tricycle Fares Double
Fuel marketers in Kano State have dramatically increased prices, with a litre now selling between N900 and N950. This sudden hike has led commercial tricycle […]