Tag Archives: petrol

The Federal Government has said it is not responsible for the hike in the pump price of petrol.    The Nigerian National Petroleum Company Limited (NNPCL) had on Wednesday, October 9, hiked the pump price of fuel from N897 per litre to N1, 030 in Abuja, N855 to N998 in Lagos, N1, 070 in North-East, N1,025 in other South-West states, …

Lawyer and activist, Deji Adeyanju, has knocked Nigerians over their attitude towards the recent increase in petrol pump price.    Nigerians woke up today with the news of NNPC changing the pump price of petrol from N868 to 1031 at its various outlets in Abuja.   Worried by the silence of Nigerians to the new development, Deji wrote; ‘’Fuel is …

The Nigerian National Petroleum Company Limited has raised the pump price of petrol.   In Abuja, fuel price was increased by 14.8 per cent to N1,030 per litre from the previous N897.   In Lagos, the pump price is now ₦998 per litre.   The latest price increase makes it the second time the petrol price has been hiked in …

The National Bureau of Statistics (NBS) has reported a significant year-on-year (YoY) decline in the distribution of Premium Motor Spirit (PMS), commonly known as petrol, in 2023. According to the NBS Petroleum Products Distribution Statistics released today, October 1, the volume of petrol distributed fell by 12.6%, dropping to 20.29 billion litres from 23.24 billion litres in 2022.   The …

The landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has dropped to N981 per litre, according to data released by the Major Energies Marketers Association of Nigeria (MOMAN).    This marks a decrease of over N140 from the previous cost of around N1,130 per litre recorded in recent weeks.   The reduction in the landing cost is …