IPMAN cautions against hike in petrol price
The Independent Petroleum Marketers of Nigeria (IPMAN) yesterday cautioned the Nigerian National Petroleum Company Limited (NNPCL) against further increase in…
Forex Challenge Driving Petrol Price Towards N581 Per Litre
There are strong indications that the national average price of petrol will rise further as marketers benchmark costs against rising…
Subsidy palliatives plan to be ready in August
The Federal Government and organised labour have reached an agreement to sort out the implementation of the resolutions they reached…
FG grants six companies license to import petroleum products
The Federal Government has approved the issuance of licenses to six new companies to import petroleum products into the country.…
Nigerians groan over effects of 7.5% VAT on petrol prices
Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax on the price…
Petrol subsidy: NEC mulls N702bn as allowance for workers
The National Economic Council (NEC) on Thursday, in Abuja, said it considered recommendations from the National Salaries Income and Wages…
Private sector investment will force petrol price down soon — IPMAN
The Independent Petroleum Marketers Association of Nigeria has said that the price of Premium Motor Spirit also known as petrol…
Removing petrol subsidy suddenly is like forceful removal of tooth, says Peter Obi
Peter Obi, the presidential candidate of the Labour Party (LP), says the removal of the petrol subsidy by the present…
Subsidy: Reps demand NNPCL audit over unaccounted N2tn assets
The House of Representatives has called for a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL) to determine…
FG, marketers on rough path to fuel subsidy removal
The planned removal of fuel subsidy has thrown the Federal Government, petroleum marketers and other stakeholders off balance in a…