PETROLEUM MARKETERS GIVE REASON FOR LATEST INCREASE IN FUEL PUMP PRICE

October 10, 2024

Petroleum marketers revealed that the Nigerian government has completely removed the subsidy on petrol which is the reason for the latest increase in the price of the product to 1,030 Naira and 998 Naira per litre in Abuja, and Lagos State by the Nigerian National Petroleum Company Limited, NNPCL.

The spokesperson of the Independent Petroleum Marketers Association of Nigeria, CHINEDU UKADIKE, who disclosed this to newsmen, was reacting to the latest fuel price hike across NNPCL outlets.

However, UKADIKE added that NNPCL and Dangote Refinery are yet to release their petrol former depot prices, which will determine whether marketers will sell the product.

The NNPCL retail outlets yesterday adjusted their fuel pump price from 897 Naira per liter to 1,030 Naira barely weeks after it increased its fuel pump price to 897 Naira per liter from 617 Naira.

Written by: Ella Adike

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PRESIDENT TINUBU CONGRATULATES ZAINAB BAGUDU ON HER EMERGENCY AS UICC PRESIDENT

President Bola Tinubu has congratulated Zainab Shinkafi-Bagudu on her election as President of the Union for International Cancer Control UICC. Shinkafi-Bagudu, who is a pediatrician consultant and former first lady of Kebbi State, was elected as UICC president for the 2024-2026 term, following the election that was conducted virtually during the UICC General Assembly held on Tuesday, October 8. President Tinubu, in his congratulatory message yesterday through his Special Adviser […]

October 10, 2024