The marketers also stated that the Federal Government owed them billions of naira and that if the money was paid, many dealers would delve into the business of PMS importation as against the current situation where only the Nigerian National Petroleum Corporation imports more than 90 per cent of the product.
Browsing: fuel price increase
30 January 2017, Pretoria — Motorists will have to dig deeper into their pockets as all grades of petrol are due…
This plea comes on the heels of reports that some motorists have begun panic buying of petrol, following rumours that the government is about to increase the pump price of the white product from N145 per litre.
According to him, “The policy that is being pursued is not one that can grant you stability in price. When they raised the price to N145, we said so; that with time, given an import-dependent regime, for such a policy, the value of the Naira will be severely weakened.”
09 November 2016, Lagos – The Nigeria Union of Petroleum and Natural Gas Workers has restated its determination to resist…
Already, there are signs that workers in the private sector would not participate in the planned strike action beginning on Wednesday, a factor which may greatly undermine the protest of the new price regime.
13 May 2016, Abuja – A renowned human rights lawyer and Senior Advocate of Nigeria, SAN, Mr. Mike Ozokheme has…
29 November 2015, Johannesburg – South Africa’s Department of Energy has announced that 93 and 95 octane petrol will increase by…