The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday explained that the landing cost per litre of Premium Motor Spirit (PMS) known as petrol has made it impossible for…
Read More Why oil marketers can’t import fuel like NNPCL – IPMANTag: #subsidy
Obasanjo explains why fuel importers will frustrate Dangote, faults Tinubu on subsidy removal
Elder statesman and former President Olusegun Obasanjo has explained why those benefiting from the lucrative business of fuel importation will make every effort to frustrate the Dangote Petroleum Refinery. Obasanjo…
Read More Obasanjo explains why fuel importers will frustrate Dangote, faults Tinubu on subsidy removalNNPC faces $3 billion backlog on petrol payments as subsidy returns – Report
Nigeria’s state-oil company NNPC owes around $3 billion to fuel traders for imported petro as the tumbling naira currency and rising global fuel prices have increased the effective subsidy it…
Read More NNPC faces $3 billion backlog on petrol payments as subsidy returns – ReportTinubu says no fuel price increase for now, mulls return of subsidy
Our reporter/ President Bola Tinubu on Tuesday assured Nigerians that there will be no increase in the pump price of petrol, even as he considers temporary reinstatement of the fuel…
Read More Tinubu says no fuel price increase for now, mulls return of subsidy
