Tag: Petrol

NNPC Speaks on Plans to Hike Fuel Price

The Nigerian National Petroleum Company Limited (NNPCL) has categorically stated that it has no intention of raising the cost of Premium Motor Spirits (PMS), commonly known as petrol. NNPC made…

NNPC Announces New Fuel Price For Marketers

The Nigerian National Petroleum Company Limited (NNPCL) has announced a new price for the Premium Motor Spirit (PMS), also known as petrol. According to the NNPCL, it has crashed the…

Petrol Prices Surge to N1,500 per Liter in Oyo Town

In some parts of Oyo town, the cost of petrol has surged to N1,500 per liter. The increase occurred on Wednesday as more filling stations opened to serve customers. According…

NNPC Says No Subsidy On Petrol, Spent N7.8trn In 7 Months

  The Nigerian National Petroleum Company (NNPC) Ltd has clarified that it is not subsidizing petrol, but rather covering a "shortfall" between the landing cost and the selling price. This…