There was palpable anxiety among members of the public, following a rise in the ex-depot price of petrol by 4.3% to 490 naira per litre. As a result, some petrol stations have started selling above 500 naira per litre, 12 naira higher than the 488 naira per litre price in the Lagos area and 500 Continue Reading
By Rotimi Famakin The Federal and State governments have been told to take urgent step that would put an end to the exploitation perpetrated by fuel marketers in the country. Some motorists in Ibadan stated this while speaking with Radio Nigeria on their experience in getting premium motor spirit otherwise known as petrol. The motorists […]Continue Reading
The Trade Union Congress, TUC, is in consulting with government and other stakeholders to revert the recent increase in pump price of fuel and electricity tariff in the country. Chairman of the Osun State Chapter of the congress, ComradeAdebowale Olubunmi made this known to Gold FM, Ilesa. The congress chairman, who pointed out that the […]Continue Reading
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to ₦151.56 per litre from ₦138.62 per litre. This was disclosed in an internal memo from Ibadan depot to all stakeholders with reference number PPMC/IB/LS/020 dated September 2, 2020 […]Continue Reading