The Nigeria National Petrol Corporation limited NNPC, has denied plans to increase petrol pump price to N712. There have been speculations that the organization might increase the pump price any time soon. Over the weekend, Oil marketers said that if the dollar continues to trade at N910 to N950 at the parallel market, the cost…
Nigerians have expressed anger over the new increase in price of petrol from N530 to N617 on Tuesday. Nigerians who were left bitter over the announcement said the decision to increase price of petrol is insensitive. Recall that President Bola Ahmed Tinubu had in his inaugural address on May 29, 2023, announced an end to…
Nigerians have condemned President Bola Tinubu and his government following the new increase in price of petrol. Recall that Nigerians woke up on Tuesday to the news of an increase in the pump price of Premium Motor Spirit to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja. The…
The Federal Government has disclosed that the volume of Premium Motor Spirit, also known as petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres. After the removal of subsidy on petrol, following the pronouncement by President Bola Tinubu on May 29, 2023, PMS consumption reduced by an…