Tag: petrol
IMF warns against blanket petrol subsidies, suggests targeted support for poor,...
The International Monetary Fund (IMF) on Wednesday warned against blanket subsidies, saying targeted support for vulnerable and poor people provides better results. Rodrigo Valdés,...
Atiku Slams Tinubu’s 30-Day Petrol Discount, Calls for Lasting Relief for...
Former Vice President Atiku Abubakar has criticised President Bola Tinubu’s proposed 30-day petrol discount at Nigerian National Petroleum Company Limited (NNPC) retail stations, describing...
NDC Questions Tinubu Government’s 30-Day Petrol Discount as ‘Tokenism and Deceit’
NDC Questions Tinubu Government’s 30-Day Petrol Discount
The opposition party questions the sustainability of the Federal Government’s 30-day intervention, arguing that temporary fuel relief cannot...
2027: I will withdraw as Atiku’s running mate, back Tinubu if...
The Vice Presidential candidate of the African Democratic Congress, ADC, Rotimi Amaechi, has vowed to withdraw from the ticket of the party’s presidential candidate,...
Petrol Nears ₦1,500: Nigerians Face Another Cost-of-Living Squeeze
Petrol Nears ₦1,500: Nigerians Face Another Cost-of-Living Squeeze
The price of petrol is once again putting pressure on Nigerian households and businesses, with pump prices...
PETROL PRICE DROPS TO ₦1,350 PER LITRE AS DEPOT RATES FALL
The price of Premium Motor Spirit (PMS), popularly known as petrol, is coming down in parts of Nigeria as oil marketers reduce pump prices...
NMDPRA approves 830,000-tonne petrol imports amid Dangote legal battle
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple companies ahead of...
Kwankwaso Says Obi-Led Government Would Seek to Cut Petrol Prices
Rabiu Kwankwaso, the vice-presidential candidate of the Nigeria Democratic Congress (NDC), has said a government led by Peter Obi would adopt a different approach...
NMDPRA speaks on petrol price rise, regulatory action
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has acknowledged the financial strain caused by the recent increase in the pump price of...
Explainer: Crude Oil Is Around $100, So Why Are Nigerians Paying...
Explainer: Crude Oil Is Around $100, So Why Are Nigerians Paying Almost ₦1,500 for Petrol?
In 2012, Brent crude averaged about $111.67 per barrel, yet...
