The Nigerian National Petroleum Company Limited (NNPCL) has dismissed rumors regarding an increase in Premium Motor Spirit (PMS) prices at its retail outlets. In an interview with Daily Post on Tuesday, NNPCL spokesperson Olufemi Soneye clarified that he is unaware of any rise in fuel pump prices, countering claims that the cost per litre had … Read more
Salihu Lukman, former National Vice Chairman (North-West) of the All Progressives Congress (APC), has accused the Nigeria National Petroleum Company Limited (NNPCL) of manipulating petroleum prices since the Dangote Refinery began operations. EKO HOT BLOG reports that in a statement titled “Nigerian Democracy in ICU,” Lukman argued that the pricing system is designed to maintain a … Read more
PROAN President Billy Gillis-Harry highlighted that aligning Nigeria’s petroleum prices with international rates would make fuel unaffordable for most Nigerians EKO HOT BLOG reports that President of the Petroleum Retail Owners Association of Nigeria (PROAN), Billy Gillis-Harry, has highlighted the challenges faced by Nigerians with the current market price of petroleum, estimating it should be between … Read more