Listeners:
Top listeners:
play_arrow
Kapital FM 92.9 The Station that Rocks!
Nigerians will soon heave a sigh of relief as the pump price of Premium Motor Spirit, popularly called petrol, will drastically reduce due to the continuation of crude and refined product sales in the naira initiative by the Federal Government. This assurance was given by Oil marketers who also stated that a major player in the sector, Dangote Refinery, is anticipated to lower its petrol loading costs by the end […]
President Bola Tinubu said, on Sunday, that Nigeria would have gone bankrupt if his administration had not discontinued fuel subsidy payments. He said though the policy came with economic pains, it was in the best interest of Nigerians. Tinubu spoke at the Special World Economic Forum in Riyadh, Saudi Arabia. Upon assuming office last May, Tinubu implemented the discontinuance of subsidies on petrol as prescribed by the immediate past administration […]
Despite claims by the Nigerian National Petroleum Company Limited that the logistic issues causing fuel scarcity had been addressed, Nigerians in Lagos and other parts of the country were still struggling to get Premium Motor Spirit as many filling stations remained under lock and key throughout the weekend. The PUNCH independently gathered that the situation might worsen in Lagos and other parts of the South-West like Ogun, Oyo, Osun and […]
An explosion at a fuel depot in Azerbaijan's Nagorno-Karabakh has killed 20 people and injured hundreds more, local Armenian authorities say. Nearly 300 people were admitted to hospitals, with dozens of them "still in critical condition". It comes as the Armenian government said 13,350 refugees crossed into the country from the enclave. The disputed Nagorno-Karabakh region is home to a majority of some 120,000 ethnic Armenians. It is not yet […]
Amid the hardship in the country as a result of the fuel subsidy Removal, President Bola Tinubu has again urged Nigerians to exercise patient as there will be light at the end of the tunnel. President Tinubu made the plea in Abuja while unveiling the 688 page book titled "Brutally Frank" which is an autobiography of Chief Edwin Clark. Represented by the Secretary to the Government of the Federation, Senator George Akume, […]
Amid the hardship in the country as a result of the fuel subsidy Removal, President Bola Tinubu has again urged Nigerians to exercise patience as there will be light at the end of the tunnel. President Tinubu made the plea in Abuja while unveiling the 688-page book titled "Brutally Frank" which is an autobiography of Chief Edwin Clark. Represented by the Secretary to the Government of the Federation, Senator George […]
The Central Bank of Nigeria, CBN, says it has little or no control over the price of either Premium Motor Spirit, PMS or the dollar. A Principal Manager with the apex bank, Mr Osagie Clement, disclosed this when he appeared before the House of Representatives adhoc committee investigating the recent hike in the price of fuel. Mr Clement stated that the demand for PMS has gone down by 30 percent […]
The Federal Government has been urged to fix the Refineries to stamp out unwholesome and unauthorized refining of crude oil in the nation. A guest on "Politics Today" a Kapital FM current Affairs Programme, Garius Gololo made the call in Abuja. Analyzing President Bola Tinubu's National broadcast, Gololo stressed that the refineries would not only provide job opportunities for the teeming youths but also eradicate criminality in the country. He […]
The national leadership of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC counterpart have ruled out the suspension of nationwide mass action against fuel price hike and other policies of the federal government which they described as anti-people. NLC President, Comrade Joe Ajaero who disclosed this in a statement in Abuja after a meeting with the Federal Government said reports flying around that it has […]
