Tag:petrol

Nigeria’s Petrol Imports Surge to N15.42tn in 2024 Despite Increased Refining Capacity

Nigeria’s petrol imports surged in 2024, doubling despite an increase in domestic refining capacity, highlighting the country’s continued reliance on imported fuel, according to...

Dangote to Refund Nigerians Who Buy Petrol above Advertised Rates from MRS, Heyden, AP

…. Absorbs N16bn loss by refunding N65/litre to marketers for Nigerians to benefit from cheaper fuel  ...Insists Nigerians deserve good quality, affordable fuel products  Dangote...

Nigerians spent N16.5trn on generators, fuel in 2023 – FG

Nigerians collectively spent a staggering N16.5 trillion on diesel, petrol, and generators in 2023, to meet their electricity needs, the Federal Government disclosed on...

No plans to increase petrol price — NNPC

The Nigerian National Petroleum Company Limited has debunked claims that it is planning to increase its pump prices for Premium Motor Spirit, commonly referred...

NNPC attributes increase in petrol price to market realities

The Nigerian National Petroleum Company L.td., has attributed the increase in the price of Premium Motor Spirit (PMS) also known as petrol to the...

FG subsidy spending to hit N11tn in 2023

The administration of the President, Major General Muhammadu Buhari (retd.), could spend not less than N10.976tn as subsidy on Premium Motor Spirit, popularly called...

FG to end petrol subsidy in June 2023

… one month after Buhari’s exit The House of Representatives Ad Hoc Committee to Investigate the Petroleum Products Subsidy Regime from 2013 to 2022, on...

Fuel Scarcity hits Lagos, Abuja, sells N180/litre as NNPC cuts supplies

Fuel queues hit major cities of Lagos, Abuja and Ogun on Monday, forcing motorists to spend hours at filling stations. In Lagos and Ogun states,...

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An Endless Season for Women: Ondo State’s Renewed Pledge to Women’s Empowerment Under Governor Aiyedatiwa and AG Ajulo Celebration of Motherhood

...Ma’ami Ajulo @ 90 Colloquium in Celebration of Motherhood Gains Momentum -Dr. Febisola Adelegan By all accounts, the past few weeks...
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Tinubu’s Appointment Violates Constitution, Will Boomerang – Ndume

Senator Ali Ndume, senator representing Borno south, has raised concerns over President Bola Ahmed Tinubu's recent appointment, claiming that...

Naira Drops to N1,612 per Dollar Amid FX Market Pressures

On Monday, the Naira fell to N1,612 per Dollar at the official foreign exchange (FX) market, marking its lowest...

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Tinubu’s Appointment Violates Constitution, Will Boomerang – Ndume

Senator Ali Ndume, senator representing Borno south, has raised...