The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a statement on
The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Tuesday urged Abuja residents to desist from panic buying of fuel as there was enough products
The Major Oil Marketers Association of Nigeria (MOMAN) has recommended a gradual price deregulation for Premium Motor Spirit (PMS) to reduce the subsidy burden on
The Federal Government says the fixed pump price of Premium Motor Spirit (PMS) remains N165 per litre as stipulated in the petroleum product pricing template.
Minister of State for Petroleum Resources, Mr Timipre Sylva, on Wednesday in Abuja updated the Federal Executive Council (FEC) on the availability of 1.9 billion
*Says FG doesn’t have to adjust price The Nigerian National Petroleum Company Limited (NNPC) has again assured Nigerians that it has sufficient stock of premium
The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products (petrol, kerosene, diesel) in about
Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year