Nigerians may face harder times, as higher fuel prices may soon lead to increase in transport fares, even as transporters in some parts of the country have already implemented increases. It is envisaged that the increase in transport fares, is most likely to affect prices of other goods and services, as is usually the case….
Dangote increases petrol price to N1,275 per litre The Dangote Refinery has increased its petrol price, raising its ex-depot price of Premium Motor Spirit by N75 per litre, while also suspending product sales following a disruption in its Proforma Invoice process. Price data from Petroleumprice.ng and confirmation from a Dangote refinery official on Wednesday showed…
The price of Premium Motor Spirit (PMS) skyrocketed to N2,500 per litre in Akwa Ibom on Tuesday, leaving residents scrambling for fuel as the standoff between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Joint Task Force (JTF) continues to cripple supply. According to reports, the Independent Petroleum Marketers Association of…
The Nigeria Labour Congress (NLC) has raised concerns that petrol prices in Nigeria could rise overwhelmingly to as high as N5,000 per litre. This comes after reports that petrol prices at Nigerian National Petroleum Company (NNPC) filling stations have rised to N850 per litre, from the previous N568. NLC spokesperson,Benson Upah expressed alarm during an…
