Petrol

The World Bank has warned that a further increase in the prices of Premium Motor Spirit also known as petrol may reverse the already dwindling effects of subsidy removal in Nigeria. The warning is contained in the October edition of its…
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The Nigerian National Petroleum Company Limited has raised its pump price of petrol in Abuja by 14.8 per cent to N1,030 per litre from N897. The latest price increase makes it the second time the petrol price has been hiked in the past…
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The Nigeria National Petroleum Company Ltd (NNPCL) on Saturday said there is no guarantee of lower price as it is set to begin lifting petrol from the Dangote refinery. NNPCL would reportedly commence lifting petrol from the refinery on…
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The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. As the NNPCL…
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The Nigerian National Petroleum Company (NNPC) Limited has refuted claims that it plans to increase its pump prices for Premium Motor Spirit, commonly referred to as petrol. The company’s management, in a statement shared Friday on X,…
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