[Vanguard] Some stakeholders in the oil and gas industry, on Tuesday, said that the increase in the petrol pump price was unavoidable.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[Vanguard] Ogun State Governor, Dapo Abiodun on Tuesday said the commencement of fuel production by the Dangote refinery will strengthen the nation's economy by eliminating constant shortages and conserving foreign exchange.
[Premium Times] This newspaper revelation came against the background of the government's repeated denial of subsidy payments.
[Premium Times] The government "canceled our stakes and thwarted our vision. But, as always, you refused to be deterred," Mr Otedola said.
[Vanguard] The Nigeria Employers Consultative Association (NECA) says the new hike in the pump price of Premium Motor Spirit (PMS), also known as petrol, is worrisome and unfair.
[This Day] * Says local sale of fuel will correct currency distortions
[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) Tuesday raised the pump price of petrol to N897 per litre from the official price of N617.
[Premium Times] On Monday, Devakumar Edwin, a vice president at Dangote Industries Limited, said the 650,000 barrels per day Dangote Refinery has begun the processing of petrol.
[Premium Times] This comes amidst speculations that the state-owned oil company plans to raise petrol pump price from the current N617 per litre to above N1000.
[Premium Times] The recent development comes amid struggles by the nation's oil company to supply the local market.
