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Tag: petrol pump price

FG Assures Nigerians Of Adequate Fuel Supply Beyond Yuletide

Petrol tankers
The Federal Government yesterday assured Nigerians of adequate fuel supply throughout the holiday season and beyond, saying that it currently has over 2.2 billion in its reserves to last aboutRead More

Deregulation Of Petrol Price Irreversible, Says FG

Minister of Labour and Employment, Senator Chris Ngige
Inaugurates committee on pricing The Federal Government yesterday foreclosed a reversal of the deregulation policy that introduced a market reflective pricing regime for determining the pump price of petrol. AgainstRead More

NNPC Restates Commitment To Cutting Costs, Remaining Competitive

Nigerian National Petroleum Corporation (NNPC)
The Nigerian National Petroleum Corporation (NNPC) has again pledged its commitment to slash the cost of producing oil to $10 per barrel, to enable it to remain competitive and deliverRead More

FG Bows To Labour, Reduces Petrol Price By N5

Chris Ngige: the Federal Government vs the Nigeria Labour Congress
Pump price now N162.44 The Federal Government has caved in to demand by the organised labour by slashing the pump price of premium motor spirit by N5. By this reduction,Read More

ASUU Seeks Time To Conclude Consultations Over Strike

National President of ASUU, Prof. Biodun Ogunyemi
FG meets labour on petrol, electricity tariff hike today Amidst concerns over the long closure of public universities, the leadership of the Academic Staff Union of Universities ((ASUU) has requestedRead More

FG, Labour Talks: NNPC Given One Week To Review Fuel Price

Petrol pump
Federal Government and organised labour have resolved to give the Nigerian National Petroleum Corporation (NNPC) one week within which to consider a reversal of the pump price of petrol, aRead More

NLC Demands Emergency In Oil Downstream Sector

Chris Ngige: the Federal Government vs the Nigeria Labour Congress
The organised labour yesterday called on the Federal Government to immediately declare a state of emergency in the downstream arm of the petroleum sector as a means of arresting theRead More

NLC Issues 2 Weeks Ultimatum To FG To Reverse Hike In Electricity Tariff, Petrol Price

Chris Ngige: the Federal Government vs the Nigeria Labour Congress
The Nigeria Labour Congress, NLC, has issued a two-week ultimatum to the Federal Government demanding it to reverse the recent hike in electricity tariff and petrol pump price or faceRead More

Petrol Price Should Be About N155/Litre – Oil Marketers

Petrol pump
The pump price of petrol should be closer to N155 per litre, the Chairman of the Major Oil Marketers Association of Nigeria, Mr. Adetunji Oyebanji, has said. Oyebanji, who isRead More

FG Reduces Petrol Pump Price To N121.50 Per Litre

Petrol pump
The Petroleum Products Pricing Regulatory Agency (PPPRA ) has announced the reduction of the pump price of the Premium Motor Spirit (PMS) to N121.50 from N123 per litre. The PPPRARead More