The pump price of petrol in Nigeria is about to go up as the landing cost has exceeded N145 per litre, the top peg of the product put in place by the NNPC.
Oil marketers are struggling with the situation and at the moment, 90% of the fuel at depots are imported by the NNPC.
“If you collect...
Nigerian National Petroleum Corporation (NNPC) on Tuesday said N145 price of Premium Motor Spirit (PMS), popularly known as petrol, has not been increased.
The Group General Manager, Group Public Affairs Division, Garba Deen Muhammad, made the statement in Abuja on Tuesday at a news briefing...
petrolpriceprice of fuel
Following the scarcity of petrol on Monday across the country, illegal hawkers of the commodity on the black markets resurfaced in parts of Lagos, Abuja and other cities, selling the product for between N200 and N300 per litre to desperate motorists and other users.
According to Guardian, the...