Tag Archives: petrol

In a bid to deregulate the downstream sector in line with the provisions of the Petroleum Industry Act (PIA), Tinubu announced the end of the subsidy regime during his inaugural speech on May 29, 2023. The decision instantly led to an astronomical increase in fuel pump prices, which suggested that …

The importation of Premium Motor Spirit (PMS) reportedly increased by 3.29% in the First Half of 2023.   The National Bureau of Statistics in its “First Half 2023 Petroleum Products Report,” noted that petrol increased from 11.56 billion litres in the first half of 2022 to 11.94 billion litres in …

The cost of filling up a family car in the UK increased by about £2 this month as the jump in the oil price caused by the Red Sea attacks is felt at the pumps. In the three weeks to 18 February petrol increased by 3.2p to 143.4p a litre, …

The scarcity of petroleum products have resurfaced in Lagos state with Petrol queues resurfacing in the state and its environs. Residents of the state could be seen forming long queues at any fuel station selling the commodity. Fuel stations without products have remained shut for some days.   While giving …

President Tinubu has said that despite the pains Nigerians are experiencing as a result of the removal of fuel subsidy, things will get better.    The President gave the assurance in Imo state where he attended the inauguration of the state governor for a second term on Monday, January 15. …

  The Federal Government has rejected claims by the World Bank that government is still paying subsidy on petrol, saying the era of petrol subsidy is “gone for good”. Speaking in an interview on Channels TV on Thursday, December 14, Minister of Information and National Orientation, Mohammed Idris, said President …

Former Ghanaian footballer, Asamoah Gyan has been told to pay compensation to his ex-wife after it was confirmed that he is the biological father of their three children.     The former Ghana captain and his ex-wife, Gifty, have been embroiled in a legal battle that involved allegations of infidelity and paternity …

No fewer than 20 people sustained various degrees of injuries following a tanker explosion at a petrol station in Rigasa area of Kaduna.   Mr. Paul Aboi, Director, Kaduna State Fire Service, who made this known in an interview with the News Agency of Nigeria (NAN) on Thursday, October 26, …

A petrol tanker has exploded just before the Iganmu bridge just before Sifax in Lagos state.   Videos shared online shows the fire raging as people scampered to safety. It is unclear if there are any casualties in the inferno.    Watch the video below…    

Six persons sustained various degrees of injuries when a petroleum tanker exploded at Sandaji Filling Station in Lafia, Nasarawa State.   The tanker, which brought petroleum products to the filling station located at Jos Road Lafia, exploded around noon on Monday, October 9, 2023.    Comfort Igwe, a pump attendant …