Tag: fuel price

Now, we have a war conceived in Washington and executed over the Persian Gulf, whose costs will be paid in ...

Escalating hostilities between the United States, Israel, and Iran have disrupted global oil flows and pushed crude prices to a ...

Last week, the pump price of petrol rose to N998 and N1,030 per litre after NNPC Limited announced the end ...

Mr Cardoso explained that CBN anticipated the price increase and used the interest rate hike to cushion its inflationary impact.

According to a forecast by the International Monetary Fund, Nigeria’s subsidy spending for 2024 could rise to 3 per cent ...

Mr Akpabio said that the National Assembly may intervene if there is another increase in the pump price of fuel.

Checks across Osogbo, Osun State capital, showed that independent marketers have adjusted their petrol dispensing facilities to reflect the new ...

"... however well thought-out and/or implemented, reforms end up empowering some sectors of society while leaving others feeling like they ...

Mr Soneye insisted that the company bought petrol from Dangote refinery at N898 per litre.

NMA said it is nearly impossible for doctors who earn an average of $300 per month to cope with the ...

Deputy Governor of Enugu State, Ifeanyi Ossai, addressed the protesters.

The group explained that the increase in the price of petrol was caused by the fluctuation of foreign exchange in ...

"When you go to the market, you buy the product; you come to the market, you sell it at the ...

Lecturers of Rufus Giwa Polytechnic, Owo, begin strike over owed salaries

The current official price of petrol is N145 per litre.

Governor Akeredolu urges the workers to consider the sacrifices made by those who are not employed by government.

The protests turned violent in some states.

The minister says the NNPC loses N900 million daily selling petrol at N145 million.

The government has repeatedly said it has no plans to increase fuel price.

Petrol price currently stands at N145 per litre in all filling stations across the country.

But the government says the NNPC needs to run as a business.

Officials say between N20 and N25 is paid per by the national oil company.

The NNPC says it has 1.3 billion litres, sufficient to serve the nation for more than 38 days.

The price of petrol would be reduced to 12.50 kwacha from 13.70 kwacha.

A member said a large percentage of the current price of petrol is accounted for by transport-related charges.