Fuel

Despite the Nigerian government announcement on the reduction of the pump price of Premium Motor Spirit (Petrol) the private fuel marketers have refused to comply.

The Edo State Government said it has received 18 trucks carrying 720,993 litres of petrol, even as it warned filling stations against hoarding the product. The Commissioner for Solid Minerals, Oil & Gas, Hon. Joseph Ugheoke, who…

The Nigerian National Petroleum Corporation (NNPC) has advised fuel consumers to be mindful of the quality of petroleum products they buy so as to avoid explosion, knockdown of their engines, equipment or any ugly incidents which could lead…

Executive Director, Centre for Global Solutions and Sustainable Development, Mr. Adebowale Adeniyi, has described the removal of subsidy at this time as insensitive and sudden. He urged the Federal Government to return to “status quo” in…

The Conference of Nigeria Political Parties (CNPP) has issued a seven-day ultimatum to the Ministry of Petroleum Resources to end fuel queues cross the country, warning that at the end of the ultimatum, it will mobilize the organized…

PORT HARCOURT—NIGERIAN Navy has impounded two boats carrying about 100, 000 litres of illegal diesel worth N20.4 million on the waterways in Akuku Toru local government area of Rivers state. Base Operations Officer, Nigerian Navy Ship,…

World oil prices rose for a third straight day today with traders brushing aside news of a rocket attack by jihadists on a gas plant in OPEC energy producer Algeria, the AFP reported. The development sees the price of Brent crude,…

Price of Premium Motor Spirit also known as fuel has risen to N180 per litre at some filling stations owned by Independent Marketers in Benin City At the black market, fuel sold for N200 per litre and above. Fuel was sold at some NNPC…

Motorists are groaning as queues reappeared in fueling stations across Ibadan the Oyo State capital. The situation has started creating panic among residents. Going round some major roads within Ibadan, Channels TV discovered that…

Our correspondents Many filling stations across the country on Friday shunned the Federal Government’s directive on the new pump price for petrol as they continued to sell the product at either the old regulated price of N87 per litre or…