Browsing: Fuel
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N238.11 in May 2023 to N769.62 in May 2024. It made the declaration in its Petrol Price Watch for May 2024, released in Abuja on Wednesday. It stated that the May 2024 price of N769.62 represented a 223.21 per cent increase over the price of N238.11 recorded in May 2023.
Some commuters in Ilorin, the Kwara capital, have lamented the increase in transportation fares within the city, owing to the current fuel scarcity.
Fuel Queue Surfaces as Oil Marketers Down Tools
The House of Representatives has resolved to set up an Ad hoc committee to investigate the circumstances …
The Independent Petroleum Marketers Association of Nigeria and Association of Distributors and Transporters of Petroleum Products
Kenya’s government has hinted about a plan to double the value-added tax on fuel to 16%
Nigeria’s privatized state oil firm NNPC Limited has adjusted petrol prices across its fuel stations
FUEL stations, and some independent marketers across the country have double down on pump prices of petrol
Fuel scarcity returns following the announcement of subsidy removal by President Bola Tinubu in his inaugural speech
Noting that 1.2 billion of petrol motor spirit is in its stock, the Nigerian National Petroleum Company Limited