Energy

FG has no intention to increase fuel price – NMDPRA

Web News 1 December 2022 608 0

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intention of increasing the price of Premium Motor Spirit (PMS) during the festive period. The General Manager, Corporate Communications, NMDPRA, Mr Kimchi Apollo said this through Continue Reading

Economy

Ibadan Residents Reacts to N5 Reduction in Fuel Price

Web News 9 December 2020 537 0

Residents of Ibadan have continued to commend the Federal Government and the Nigeria Labour Congress for reaching a meaningful resolution by reducing the fuel pump price by five naira effective from Monday next week.  Some of them, who spoke to Radio Nigeria correspondent, while lauding the development, said it would bring relief to the yearnings […]Continue Reading

Economy

NLC Insists on Reversal of fuel Price.

Web News 22 September 2020 616 0

The National Executive Council of the Nigeria Labour Congress has approved the 28th of this month for a nationwide protest and industrial action against the hike in the pump price of petrol and electricity tariff. Briefing newsmen at end of its meeting in Abuja, NLC President, Comrade Ayuba Wabba said the NEC of NLC has […]Continue Reading

News Analysis

Effects of Increase in Fuel Price

Web News 16 September 2020 1047 0

Recently the Federal Government increased the depot price of premium motor spirit, PMS, from about one hundred and forty-eight naira to one hundred and fifty-one naira, fifty-six kobo per litre. However, the development was indeed a bitter pill to swallow for the citizens going by the reactions that trailed the decision.  In the word of […]Continue Reading

Energy

NANS Calls on FG to Reverse Hike in Fuel Price, Electricity Tariff

Web News 10 September 2020 660 0

The National Association of Nigerian Students, NANS, has called for a reversal of the hikes in the petrol pump price and that of electricity as it is impacting negatively on the people. The President of the Association, Comrade Danielson Akpan made the call during a news conference in Abuja. He explained that such increase was […]Continue Reading

Energy

Knocks as Nigerians Decry Hike in Fuel Price

Web News 3 September 2020 544 0

Yesterday, the Federal Government announced a hike in the price of fuel, a development that has generated condemnation from members of the public.  Our energy correspondent, Olukemi Akintunde, brings detail.Continue Reading

News

Fuel Price: Motorists Urge FG to Fix Nation’s Refineries

Web News 2 July 2020 587 0

Motorists in Ibadan have reacted to the immediate implementation of the new increase in fuel price by filling stations. Federal Government had yesterday announced an increase in pump price of premium motor spirit,also known as petrol from n123.50kobo per litre to n143.80 per litre. Some of the motorists, who spoke with our correspondent, frowned at […]Continue Reading