Browsing Tag
fuel price
4 posts
Ogun residents Lament as petrol Price hits N2,000/litre
The price hike in Ogun state has been largely attributed to the smuggling of fuel across the border, where it is sold at higher prices in the Benin Republic.
Ogun state, Nigeria – Residents of border communities between Nigeria and … Continue Reading
31 August 2024
NMDPRA Threatens to Shut Down Filling Stations Inflating Fuel Prices to N1000 Per litre
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a warning to filling stations that are selling Premium Motor Spirit (PMS) at prices higher than the approved rates.
The authority expressed concern over reports that some … Continue Reading
27 August 2024
OPEC plus Ready to cut oil output, Sylva explains hike in fuel price
Members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies called OPEC plus say they would be ready to cut crude production in order to prevent another slump in prices.
At the close of a virtual meeting … Continue Reading
18 November 2020
IPMAN orders reduction in petrol price to motivate voters, cushion effect of election postponement
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has directed its members to reduce petroleum pump price from N145 to N140 to motivate voters and cushion effect of election postponement.
The directive was announced to journalists on Sunday by national … Continue Reading
18 February 2019