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The domestic fuel market is another complicated price confusion which has triggered scarcity of the premium motor spirit also called petrol as marketing companies apply caution against sudden price shocks. The crisis emerged from a new…
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PPPRA template had increased the pump price, currently standing at N162 to N212.6 per litre but the national oil company on it’s official Twitter handle countered the move, noting that the pump price has not changed. PPPRA template,…
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Federal authorities on Thursday initiated an upward review of petrol price to N212 per litre, raising fresh economic concerns for the country’s impoverished households. The fuel pricing regulator PPPRA said in its template released on…
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The Department of Petroleum Resources (DPR) on Tuesday said that it will not hesitate to apply appropriate sanctions on marketers engaged in hoarding of petroleum products in their outlets. Mr Sarki Auwalu, Director, DPR, gave the…
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Kano State Public Complaints and Anti-Corruption Commission on Monday stormed some petrol filling Stations in the metropolis following unusual queues noticed in the state only to discover hoarding of the products by the marketers. The…
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Retail prices of unleaded petrol 93 and 95 has increased by 58 thebe per litre and 57 thebe per litre respectively, while the retail prices for diesel increased by 52 thebe per litre. According to a press release from Botswana Energy…
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The Independent Petroleum Marketers Association (IPMAN) Kano state branch has commended the Nigerian National Petroleum Corporation (NNPC) for the prompt measures it has taken to address the fuel scarcity which resurfaced few days ago. …
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The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have cautioned motorists against panic buying as fuel queues returned in Abuja and Lagos. THISDAY gathered that…
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Many filling stations in Abuja, Lagos, other cities did not open for business Nigerians were at the weekend thrown into confusion as fuel scarcity hit Lagos, Abuja, and many other cities across the country. PREMIUM TIMES’ reporters…
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…Cautions against Hoarding, Panic Buying Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the…
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