FG Unable to Pay Subsidy, Minister Reveals
-N1trn saved from subsidy removal -To merge PPPRA, PEF The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Thursday repealed that the Federal Government is currently financially incapable…
Fuel Tanker Explodes in Adamawa
A tanker conveying fuel to a petrol station through PZ Roundabout along Airport Road, on Monday exploded in Yola, Adamawa State capital. The fuel compartment of the tanker owned by…
Reps Demand Urgent Action on Soaring Fuel, Gas Prices
The House of Representatives has issued a compelling call for the immediate reversal of recent price hikes in petroleum products and cooking gas, warning that the increases are exacerbating economic…
Civil Societies Issue Ultimatum to Buhari over Fuel Hike, Water Resources Bill
- Threatens protest action when ultimatum expires A coalition of civil organizations comprising of activists, youth leaders and directors of civil right groups have issued threats of a massive protest…
Igbo group Threatens To Mobilize Against IPMAN Over Hike in Fuel Price in Southeast
An Igbo sociopolitical group, Ndigbo United Forum (NUF), has called on the Independent Petroleum Marketers Association of Nigeria (IPMAN) to resolve the lingering fuel crisis which has led to hike…
BREAKING: Again, NNPC Increases Fuel Price
Nigerians have expressed little to know reactions as the prices of petroleum goes up by the day. Daily Report Nigeria recalls that since the removal of subsidy on fuel upon…
Nigerians to Buy Fuel For Less Than ₦100 Per Litre – FG
- Subsidy only benefiting few corrupt individuals Nigeria's Federal Government has disclosed that Premium Motor Spirit otherwise known as fuel will soon be sold for less than a ₦100 per…
UK Police Arrests 6 Nigerians For Hoarding, Selling Fuel in Black Market
Six Nigerians have reportedly been arrested for hoarding premium motor spirit, otherwise known as fuel in Jerry cans and selling at an outrageous prices in the United Kingdom. Their arrests…
Subsidy: See How Much FG Wasted on Petrol in 10 Years
According to figures released by the Petroleum Products Pricing Regulatory Agency on Monday, The Federal Government spent a whooping N8.94tn on petrol subsidy between 2006 and 2015. The Data made…
Panic as Fuel Queues Return to Lagos
On Tuesday, motorists and consumers stormed fuel stations in panic buying Premium Motor Spirit, PMS, otherwise known as petrol, causing traffic gridlock in many parts of Lagos. Lagos Island, Ikeja,…