Fuel Price Hike

Fuel Price Relief: Dangote Refinery Slashes Petrol Gantry Rate to ₦1,200

The Dangote Petroleum Refinery has announced a strategic reduction in the gantry price of Premium Motor Spirit (PMS), setting the new rate at...

Fuel Price Spike: Gov. Makinde Announces ₦10,000 Monthly Subsidy for Workers

Oyo State Governor Seyi Makinde has approved a monthly transportation allowance of ₦10,000 for civil servants to cushion the impact of rising fuel...

Transport Costs to Skyrocket in Abuja as Petrol Pump Price Hits N1,430

Taxi operators in the FCT are decrying ‘crippling’ operational costs as global oil benchmarks blast past the $110-per-barrel mark. With the Middle East...

Oil Hits $112 per Barrel as Nigeria’s Petrol Prices Climb

Crude oil prices have surged to above $112 per barrel as the Iran-United States-Israel war escalation entered day 21 on Saturday amid a...

It’s Now N1,245 per Litre: Dangote Refinery Implements 4th Petrol Price Hike in 3 Weeks

For the fourth time in March, Dangote Refinery has hiked petrol prices, citing global instability as the primary driver. According to a Friday...

Spending N11m on diesel in five weeks will kill my businesses, says Kunle Afolayan

Nollywood filmmaker, Kunle Afolayan, has raised alarm over the rising cost of diesel in Nigeria, lamenting that the surging price of the product...

FG not sincere, deceiving Nigerians, says NLC, as subsidy palliatives meeting fails to hold

Leaders of the organized labour on Friday left the Presidential Villa, Abuja, disappointed as the meeting on petrol subsidy palliatives failed to hold....

This deity called petrol by Dakuku Peterside

To be precise from the onset, it is apt to posit that the centrality, omnipresence and ubiquitous nature of petrol in Nigeria has...

Petrol pump price moves up to N617

Oil marketers on Tuesday increased petrol pump price shockingly from N537 per litre to N617 per litre, showing an additional N80 hike. The...

FG, NLC, TUC resume petrol subsidy negotiations, communique being expected

Following the rescheduling of their meeting for Monday, June 19, the organized labour and the Federal Government resumed negotiations on salary raise and...

Breaking: NLC calls nationwide strike June 7 over petrol subsidy removal

The Nigeria Labour Congress (NLC) says it will call out workers across the country effective from Wednesday, June 7. Persecondnews reports that the...

810m litres of petrol still in depots, tanks, outlets across Nigeria, says Mele Kyari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kyari, has disclosed that about 810 million litres...

Bye Bye to Subsidy; Welcome to Reality.

By Femi Soneye One of the most important virtues of leadership is courage. This quality more than any other, will determine whether a...

Fuel subsidy: Commuters in FCT groan over hike in Transport fare

Aftermath of petrol subsidy removal by the President Bola Tinubu administration, commuters in the Federal Capital Territory (FCT) are now groaning over the...

Fuel situation: NANS urges understanding, cooperation with NNPC to normalize supply chain

    As the fuel supply situation is being pursued with vigour by the Nigerian National Petroleum Company Ltd and its subsidiary, the...

Breaking: Petroleum Industry Act: FG retains N162 as petrol pump price

  …Both labour and us have agreed on the process of putting the Infrastructure and the process in place. And once we are...