Average price for petrol drops, kerosene increases – NBS

Average price for petrol drops, kerosene increases – NBS

The average price paid by consumers for Premium Motor Spirit (petrol) dropped by 1.2 per cent year-on-year, the Nigeria Bureau of Statistics (NBS), has said The post Average price for petrol drops, kerosene increases – NBS appeared first on Vanguard News. ...
read more
Petrol price drops by 1.2% YoY in September —NBS

Petrol price drops by 1.2% YoY in September —NBS

NATIONAL Bureau of Statistics, NBS, has disclosed that the average price paid by customers for premium motor spirit, PMS, otherwise known as Petrol, in September 2017 declined by 1.2 per cent year-on-year, YoY, to N144.5. The post Petrol price drops by 1.2% Yo...
read more
Future of oil declining… it won’t last forever, Osinbajo warns

Future of oil declining… it won’t last forever, Osinbajo warns

Vice-President Yemi Osinbajo has said the profitability of Nigeria’s oil is gradually declining. Speaking during the second national council on Niger Delta meeting held in Akure, Osinbajo said the planThe post Future of oil declining… it won’...
read more
Trouble looms for Nigeria as China plans to ban petrol, diesel vehicles

Trouble looms for Nigeria as China plans to ban petrol, diesel vehicles

China, world’s biggest car market, plans to ban the production and sale of diesel and petrol vehicles, further threatening the future profitability of oil — Nigeria’s major revenue source.  The post Trouble looms for Nigeria as China plans to ban petrol...
read more
Reduction of petrol by N2 ridiculous – PENGASSAN

Reduction of petrol by N2 ridiculous – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria had described as ridiculous the reduction of the price of... Read » Reduction of petrol by N2 ridiculous – PENGASSAN on YNaija ...
read more
Is petrol still subsidized?

Is petrol still subsidized?

PETROLEUM marketers  have announced, in their communiqué of  August 29, 2017, that they would commence mass retrenchment, unless government pays their over $2bn outstanding invoices, and also settles interest charges, on delayed payment and related exchange...
read more
BREAKING: NNPC ‘crashes petrol, cooking gas prices’ nationwide

BREAKING: NNPC ‘crashes petrol, cooking gas prices’ nationwide

The Nigerian National Petroleum Corporation (NNPC) says sustained strategic intervention in the efficient supply and distribution petroleum products has led to significant fall in the prices of premium motor spiritThe post BREAKING: NNPC ‘crashes petrol,...
read more
Petrol prices to fall, says Kachikwu

Petrol prices to fall, says Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu on Thursday said that owing to the competition inherent in the Premium Motor Spirit (PMS) price modulation, the product’s prices will crash  in the next four to six months. He urged Nigeria...
read more
‘Why Nigeria may phase out diesel, petrol vehicles’

‘Why Nigeria may phase out diesel, petrol vehicles’

If Nigeria that depends greatly on revenue from oil is to ban the use of petrol and diesel vehicles, it amounts to suicide if nothing crops up to take the place of oil in the national revenue matrix. ...
read more
NSCDC nets 71,500 litres of adulterated petrol in A’Ibom

NSCDC nets 71,500 litres of adulterated petrol in A’Ibom

Kunle Falayi and agency report The Nigerian Security and Civil Defence Corps in AkwaIbom has impounded 71, 500 litres of adulterated petrol at an illegal petroleum dump site in Ikot-Udoma, Eket Local Government Area. The NSCDC Commandant in the state, Mrs.Obia...
read more
1 2 3