Substandard petrol, diesel have flooded Nigeria — Senate raises alarm
The Senate on Wednesday, raised an alarm regarding the increasing presence of substandard Premium Motor Spirit (petrol) and…
Browsing Tag
Petrol
Petrol hits ₦937 per litre – NBS
The average retail price paid by consumers for Premium Motor Spirit (Petrol) in May 2024, increased astronomically to about ₦937…
NNPC investigates ‘lubricant for petrol’ claims at retail stations
The Nigerian National Petroleum Company Limited (NNPCL) has initiated an investigation into allegations of customer coercion at…
Petrol price rises By 223% to ₦770 per litre — NBS
The average price of Premium Motor Spirit (PMS), commonly known as petrol, surged by 223.21 percent to approximately ₦770 per…
Why I removed subsidy on petrol – Tinubu
President Bola Tinubu explained on Tuesday that the decision taken to remove subsidy on petrol was a challenging one but necessary…
11.94 billion litres of petrol imported in first half 2023 – NBS
The National Bureau of Statistics (NBS) says 11.94 billion litres of Premium Motor Spirit (PMS), also known as petrol, were…
NARTO threatens to stop lifting petrol from Monday
The Nigerian Association of Road Transport Owners (NARTO) has pledged to halt operations on Monday.
Yusuf Lawal Othman, the…
Tanker loaded with petrol falls, spill fuel in Ile-Ife
A petroleum tanker, carrying Premium Motor Spirit (PMS), commonly referred to as petrol, fell on Monday along Fajuyi road near…
Petrol price should be N750 per litre – World Bank
The World Bank has indicated that the Federal Government might continue to bear the cost of fuel subsidy, given that current fuel…
Petrol price rises to N630 in October- NBS
The National Bureau of Statistics (NBS) reports that the mean retail cost per liter of petrol rose from N195.29 in October 2022 to…