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Retail outlets owned by the Nigerian National Petroleum Company Limited have raised the pump price of Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory. They also increased their price in Lagos from N925 to N960 per litre. This is even as the price of crude oil showed a marginal decline on Tuesday. Checks by our correspondents at some of the […]
The Nigerian National Petroleum Company Limited NNPCL has clarified rumours suggesting a price adjustment for Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) at its retail stations nationwide. The company asserts that these reports are false and urges Nigerians to disregard them entirely. This is contained in a statement by the chief corporate communications officer, Mr Olufemi Soneye which reaffirms the NNPCL's commitment to sustaining the current […]
By Bughni Alfred The Nigerian National Petroleum Company Limited, NNPCL has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. This is contained in a statement by the Chief Corporate Communications Officer, Mr Olufemi Soneye in Abuja. According to the statement, the NNPCL urges Nigerians to disregard unfounded rumours as there are no plans for an upward […]
Members of the organised private sector, on Wednesday, expressed fear over the possible shutdown of businesses and job losses following the hike in the pump price of Premium Motor Spirit, popularly called petrol, by the Nigerian National Petroleum Corporation Limited and fuel marketers. On Tuesday, the NNPCL and other oil marketers raised the price of petrol from about N537/litre to between N617 and N630/litre, a development that triggered widespread anger […]
