The Nigerian government has increased the pump price of petrol to N212.61 a litre, less than two weeks after assuring the nation there would be no hike. The ex-depot price, which is the amount sold by fuel depot owners to marketers, will be N206.42, while the landing cost stands at N189.61 per litre, the agency … Read more
NOVEMBER 17, 2020 The Nigeria Labour Congress (NLC) has demanded the immediate reversal of the pump price of Premium Motor Spirit (PMS), also known as petrol. The Union, in a statement issued on Monday by its President, Ayuba Wabba, took a swipe at the government and condemned the increase in the price of the product. … Read more
NOVEMBER 13, 2020 … Marketers to sell at ₦168 – ₦170/litre The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to ₦155.17 per litre from ₦147.67 per litres. PUNCH reports that the PPMC disclosed this in an internal … Read more
The minority caucus in the House of Representatives, has rejected the increase in pump price of fuel from N148 to N151. 56 announced by the Petroleum Product Marketing Company (PPMC) on Wednesday. The lawmakers, in a statement , said that the increment was unacceptable as it would result in increase in the already high cost … Read more
The Nigeria Labour Congress, NLC, on Thursday, says it is rejecting the increase in the pump price of Premium Motor Spirit commonly called ‘petrol’ from N121 to N143.80 announced by the Petroleum Products Price Regulatory Agency, PPPRA. While demanding an immediate reversal of the price, Labour argued that the new price in this COVID-19 pandemic was … Read more