Governor Abba Yusuf of Kano State has urged marketers to revert to the old price of petroleum motor spirit in order to lessen the sufferings people are currently passing through. This was made known by the Chief Press Secretary to the governor, Sanusi Bature, in a statement made available to …
Read More »Fuel Subsidy Removal: NLC NEC Meets In Abuja
The National Executive Council of the Nigeria Labour Congress (NLC) is meeting in Abuja. The reason for discussion by the NEC is the fuel subsidy removal and subsequent hike in the pump price of petrol. The NEC comprises all Presidents, General Secretaries, Treasurers of all NLC’s affiliate unions; State Chairpersons …
Read More »NNPCL Announces New Price Template
the Nigerian National Petroleum Company Limited (NNPCL) has jerked up pump prices of petrol (PMS) by over 200 per cent bringing the price of fuel to between N488 and N557 per litre, The Nation has gathered.A new pricing template purportedly sent to marketers by the NNPCL management to oil marketers …
Read More »Fuel Crisis: Petrol Price Now Above N500 per Litre – Marketers Confirm
Oil marketers, on Wednesday, confirmed the hike in the pump price of Premium Motor Spirit popularly called petrol to over N500 per litre depending on the location of purchase. A document that allegedly emanated from the Nigerian National Petroleum Company Limited, according to marketers, which contained figures that were described …
Read More »Dangote Refinery May Not Bring Down Fuel Prices – NLC
The Nigerian Labour Congress (NLC) says the recently inaugurated Dangote Petrol Refinery may not take complete care of the needs of Nigerians and may not bring down prices of petroleum products in the country. Speaking on Wednesday amid the fuel subsidy removal controversy, the NLC President, Joe Ajaero, said the …
Read More »Our Members Sell Petrol At N196 Per Litre – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says its members across the country still sell Premium Motor Spirit also known as petrol at N196 per litre despite the removal of fuel subsidy announced by President Bola Tinubu during his inaugural speech on May 29, 2023. “Subsidy is going to …
Read More »FG Meets NLC Over Fuel Subsidy Removal
Federal Government representatives are expected to meet with the leadership of the Nigeria Labour Congress (NLC) today by 2pm over the planned removal of fuel subsidy. “Government seems to have shown interest in discussion. As at last night, they reached out and we have fixed 2pm today (Wednesday) to commence …
Read More »Subsidy Removal Won’t Happen Soon – Tinubu’s Media Centre
The Asiwaju Bola Ahmed Media Centre, has urged Nigerians to stop panic buying of petroleum product over the statement of President Bola Tinubu on fuel subsidy. The Tinubu media centre made this appeal in a statement issued via its verified Twitter handle on Tuesday. It noted that the President’s statement …
Read More »Reps Back Tinubu On Subsidy Removal, Seek Nigerians’ Patience
The House Of Representatives on Tuesday commended the decision of President Bola Tinubu on fuel subsidy removal. This followed a motion of urgent public importance by a member, Jimoh Olajide. The House further appealed to Nigerians to be patient and prayerful to allow the President deliver on his promises. On …
Read More »NNPC Backs Tinubu On Fuel Subsidy Removal, Says No Need For Panic Buying
The Nigerian National Petroleum Company Limited (NNPCL) has welcomed the pronouncement of President Bola Tinubu on the removal of fuel subsidy. The President, in his inaugural address on Monday, had declared an end to the era of subsidy payment, saying the 2023 budget made no provision for fuel subsidy, so …
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