This also followed on the heels of a reduction in the ex-depot price from N970 to N899.50 per litre by Dangote Petroleum Refinery.
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Visits to NNPC retail outlets in the Central Area and Nyanya suburb of the nation’s capital confirmed that the new rates are now in effect.
This, according to a statement by Anthony Chiejina, Group Chief Branding and Communications Officer of the Dangote Group, was to offer Nigerians some relief as the holiday season approaches.
The announcement was made in a statement issued by Anthony Chiejina, the Group Chief Branding and Communications Officer.
The group made the demand in an open letter dated October 12, 2024 and signed by its Deputy Director Kolawole Oluwadare.
The National President of NACCIMA, Dele Oye, made the position of the Chambers known in a statement issued on Wednesday in Lagos.
The labour union stated its position in a statement issued by its President, Joe Ajaero, in a statement he issued on Wednesday.
The latest price increase makes it the second time the petrol price has been hiked in the past month.
It described the hike as ill-timed and a unilateral action.
The caucus, in a statement by the Minority Leader, Kingsley Chinda titled “reverse petrol prices now”, said the unilateral action of increasing
Chinedu Anyaso, Chairman of IPMAN, Enugu Depot, disclosed this in an interview with journalists in Awka on Wednesday.
This was disclosed in a statement by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru.
The agency disclosed this in a letter to marketers with reference number A.4/9/017/C.2/V/701, titled: “Guiding Price for Premium Motor Spirit (PMS) in the Month of June 2020,” released on Monday in Abuja.
Investigations by our correspondent indicated that in some of the filling stations that dispensed the product, consumers were still buying the product at the old rate of N87
This is coming as crude oil prices hit a seven-year low with global reference crude, West Texas Intermediate and Brent trading on Monday at $34.7 and $36.7 per barrel respectively, effectively disrupting Nigeria’s $38 per barrel benchmark for 2016 budget
Some residents of Osun State expressed worry over the lingering scarcity of petrol, which, according to them, has worsened the living conditions of the people
According to Nze, the pump price reduction is necessary following the dwindling price of crude oil at the international market
Senator Saraki made this known at the palace of Olofa of Offa during the campaign of his party, the All Progressives Congress, on Sunday