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‘Highest in north-west’ — NBS says average petrol price rose by 159% in January

    ‘Highest in north-west’ — NBS says average petrol price rose by 159% in January

The National Bureau of Statistics (NBS) says residents of Kebbi, Zamfara, and Taraba states paid the highest amount for premium motor spirit (PMS), better known as petrol, in January 2024. On

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Petrol tanker drivers suspend nationwide strike

    Petrol tanker drivers suspend nationwide strike

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. The suspension follows a meeting of the association with the federal government and stakeholders on Monday

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‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

    ‘No cause for alarm’ — tanker drivers guarantee distribution of petroleum products

Petroleum Tanker Drivers (PTD) says there is no shortfall in the distribution of petroleum products across the country. Lucky Osesua, national chairman of PTD, and Humble Obinna, national secretary, made

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We have no plans to increase petrol price, says NNPC

    We have no plans to increase petrol price, says NNPC

The Nigerian National Petroleum Company (NNPC) Limited says there is no imminent increase in the cost of premium motor spirit (PMS), also known as petrol. NNPC gave the assurance in

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N-power suspension, petrol price hike speculations… 7 business stories to track this week

  N-power suspension, petrol price hike speculations… 7 business stories to track this week

Here are the seven top business stories you need to track this week — October 9 to October 13. FG

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NBS: Taraba, Borno residents paid above N650 for a litre of petrol in August

  NBS: Taraba, Borno residents paid above N650 for a litre of petrol in August

The National Bureau of Statistics (NBS) says residents of Taraba, Borno, and Benue states paid the highest amount for premium

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NBS: Petrol price surged by 215% in one year

  NBS: Petrol price surged by 215% in one year

National Bureau of Statistics (NBS) says the price of petrol surged by 215.95 percent in one year, as that of

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EXCLUSIVE: Tinubu considering ‘temporary subsidy’ on petrol as landing cost rises

  EXCLUSIVE: Tinubu considering ‘temporary subsidy’ on petrol as landing cost rises

President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to

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Report: Nigeria’s petrol subsidy removal biting European refineries

  Report: Nigeria’s petrol subsidy removal biting European refineries

Nigeria’s fuel subsidy removal is affecting refineries far away in Europe and threatening to squeeze European refiners, Reuters is reporting. 

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The imperatives of fuel subsidy removal

  The imperatives of fuel subsidy removal

BY BABAJIDE FADOJU During his inauguration speech, President Bola Ahmed Tinubu announced that the subsidy regime has come to an

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