Nigeria spends N2.52 trillion on petrol imports in the first 9 months of 2021
Nigeria imported Premium Motor Spirit (PMS) otherwise known as petrol, worth N2.52 trillion between January and September 2021. This represents ...
Tag: Premium Motor Spirit
IPMAN backs FG’s plans to remove fuel subsidy in 2022
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that it supports the Federal Government’s decision to remove subsidy ...
South-East residents paid highest average price for petrol in October – NBS
Residents in Southeastern Nigeria paid the highest average prices of Premium Motor Spirit (PMS), commonly known as petrol, in the ...
Average cost of petrol in September 2021 is highest in Abia, Ekiti, Lagos State – NBS
The latest petrol price watch report by the National Bureau of Statistics revealed that consumers paid the highest for a ...
Nigeria and its long standing fuel subsidies
We are in a country where the subsidy on petrol prices is seen as the only source of social security.
Petrol now sells for N173/litre, as filling stations hoard products
Most of the stations visited now sell between N167/litre and N170/litre.
NNPC says no plans to increase pump price of petrol
The NNPC has assured organised labour and Nigerians that there is no plan to increase the price of petrol.
Petrol may sell for N200 per litre as oil price hits almost $60 per barrel
The price of petrol may experience an upward adjustment as oil price nears $60.
Price Watch: Consumers paid more for diesel and less for petrol in December
The December 2020 NBS report shows that consumers paid more for diesel and less for petrol than they did in ...
FG inaugurates technical committee on pricing framework for petrol
FG has inaugurated the Technical Committee on Pricing Framework for Premium Motor Spirit.
