Ekohotblog reports that the Ayetoro Fish Market, held every five days, was unusually quiet on Friday as fish sellers lamented low patronage. They explained that the high cost of fuel has made it difficult to purchase fish from the fishermen, severely impacting their businesses. According to the sellers, the type of fish they used to … Read more
The National Bureau of Statistics (NBS) reported a 0.86% increase in the average retail price of kerosene from January to February 202. Kaduna had the highest average price per litre of kerosene in February, while Bayelsa had the lowest. Analysis by zone showed that the North-East recorded the highest average price per gallon of kerosene … Read more
EKO HOT BLOG reports that the Health and Social Welfare Minister, Muhammed Pate, has announced that President Bola Tinubu will soon sign an Executive Order to significantly reduce the cost of drugs and pharmaceutical products in the country. He also disclosed that the Federal Government secured a $1 billion grant from Afriexim Bank and foreign partners … Read more
Eko hot blog reports that Nigeria’s top airline, Air Peace, has dropped exciting news for travelers eyeing the Lagos-London route, promising unbeatable prices for its upcoming flights launching on March 30. Editor’s Pick: Edo PDP Primary: Philip Shaibu Storms PDP Headquarters, Demands Certificate Of Return Tinubu To Visit Akeredolu’s Family, Fasoranti In Ondo Lead … Read more
EKO HOT BLOG reports that the Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement. He expressed worry that, despite huge patronage by road and housing contractors to cement manufacturers, the cost of the product was rising at an astronomical rate. EDITOR’S PICKS Full List Of … Read more
EKO HOT BLOG reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged members of the public to disregard rumours of any imminent increase in the price of petrol. The Chairman of IPMAN, Enugu Depot, Mr Chinedu Anyaso, who gave the warning in Awka, Anambra state, at the weekend, while speaking with reporters, said … Read more
EKO HOT BLOG reports that Parents of Unity College students across the country have appealed to the Federal Government to revisit the recent increase in fees for their children. The concerned parents said this will make it possible for education to be accessible to all. EDITOR’S PICKS Delta Community Imposes N10,000 Fine, 40 Stroke For … Read more
EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPCL) has further increased pump prices of Petrol, known as Premium Motor Spirit (PMS) from 537 to 617 naira Per Litre. According to Daily Sun, NNPC filling stations increased their prices on Tuesday morning. NNPC filling stations in Abuja witnessed brief queues, particularly the … Read more
EKO HOT BLOG reports that after a review with the Adviser to President Bola Tinubu on Energy, Olu Verheijen, the Nigerian Midstream and Downstream Regulatory Authority (NMDPRA) will release the new gas pricing template today. The Authority Chief Executive Officer Engr. Farouk Ahmed broke the news at the launch of the headquarters of “Decade of … Read more
EKO HOT BLOG reports that President Bola Ahmed Tinubu on Wednesday wrote to the National Assembly seeking an amendment to the 2022 supplementary appropriation Act. This online media platform gathered that this is to allow the Federal Government source N500 billion for palliative to cushion the effect of subsidy removal. EDITOR’S PICKS Akpabio Announces Chairmen, … Read more
Providing excellent customer service is essential for any business that wants to succeed in today’s competitive market. Customers have high expectations and will quickly take their business elsewhere if they are not satisfied with the level of service they receive. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why … Read more
Buhari Government Has Spoken On Increasing fuel Price EKO HOT BLOG reports that the Muhammadu Buhari-led government has again denied that it increased the pump price of Premium Motor Spirit, popularly called petrol, above the regulated cost of N165/litre. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this on Monday at an event organised … Read more
The FG has given fresh update on petrol pump rice. EKO HOT BLOG reports that the Federal Government at the weekend insisted that the current pump price would remain for now with the expected high rate of travel during the festive period. Presently, petrol sells at N162/163 per litre in most major petrol stations with … Read more
The FG has increased price of electricity meters. EKO HOT BLOG reports that the Federal Government has increased the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. This was announced in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and addressed to managing directors, all … Read more
A five percent increase in the price of bread has been effected in Kwara State, the state Association of Master Bakers and Caterers of Nigeria (AMBC) says. The decision followed the suspension of the strike embarked upon by the body over the high cost of production and shortage of flour in the country. EkoHotBlog reports … Read more
A senior Iranian commander has dismissed the United States’ aggressive posturing against Iran, reasoning that any potential confrontation in the Persian Gulf would instantly increase oil prices to over 100 dollars per barrel, something that Washington and its allies would not be able to endure. Major General Yahya Rahim Safavi, a top military adviser to … Read more