NNPC: Refrain from Panic buying of petrol
The Nigerian National Petroleum Company (NNPC) Limited has once again urged motorists to refrain from panic buying of Premium Motor Spirit (PMS), also known as petrol. This comes as the nationwide supply and distribution of the product continues to improve. Its Chief Corporate Communications Officer, Olufemi Soneye, in a statement said the queues at filling […]
President Tinubu insists on Fuel Subsidy Removal
President Bola Tinubu has maintained that his administration’s decision to remove the subsidy on Petroleum Motor spirit (petrol) was in the best interest of Nigeria, and in order to avert the Country plunging into bankruptcy. Speaking on Sunday during the opening plenary of the World Economic Forum (WEF) in Saudi Arabia, President Tinubu, who acknowledged […]
Dangote Refinery further reduces aviation fuel and diesel costs
Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. Its Head of Communication, Anthony Chiejina, said the price change of N940 is applicable to customers buying five million litres and above from the refinery, while the price of N980 is for […]
NARTO suspends its plan on nationwide strike
The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike. NARTO members had threatened to shut down all over the country beginning Monday over the high cost of automotive gas oil, also known as diesel, which is used to fuel their trucks for the movement of petroleum products across Nigeria. However, […]