The Labour body complained that the Federal Government FG did not give to its leadership on the planned increase..
Browsing: pump price
Members of the House of Representatives Wednesday voted in favour of pump price of petrol of N617 per litre, supporting the claim reason – market forces as the determinant.
NNPC in a notice to fuel marketers directed them to change the petrol price on pumps to the new price effective today. This was even as the company equally increased the ex-depot price from N148.17 to N167 per litre.
As fuel scarcity worsened in many parts of the country in the last fortnight, many fuel stations increased the pump price of petrol higher than the official N165 per litre.
Jeremiah Mashat, Operational Controller of DPR Field Operation’s Office in Jalingo, gave the warning in an interview with the News Agency of Nigeria.
Ayorinde Cardoso, Zonal Operations Controller, DPR, Lagos, made this known after an inspection visit to some petrol stations located in Ikoyi, Victoria Island and Lekki areas of the state.
The Federal Government has agreed with the organised labour unions to reduce the pump price of Petroleum Motor Spirit by N5 with effect from December 14.
The party, which insisted that the increase in the pump price will worsen the already suffocating economic situation in the country, made its position known in a statement by its National Publicity Secretary, Kola Ologbondiyan, on Friday.
A cross section of commuters told a News Agency of Nigeria correspondent on Wednesday in Kaduna that they have been paying double transport fare due to the increase in fuel pump price.
The Executive Secretary of the Agency, Saidu Abdulkadir, gave the assurance on Tuesday in Abuja, while briefing newsmen on the deregulation of the downstream oil and gas sector.
The Nigerian National Petroleum Corporation says that the new N125 pump price of Premium Motor Spirit, also known as petrol, will take effect from March 19.
The presidential candidate of the Peoples Democratic Party for the 2019 election, former Vice President Atiku Abubakar, has accused the President Muhammadu Buhari Administration of engaging in secrecy concerning the fuel subsidy regime.
He called on the government to embark on proper education of Nigerians on its deregulation policy that led to the increase in the pump price of petrol
Felix Onah, a commercial bus driver, who plies Old Park to Barracks, expressed surprise at the sudden increase in the pump price of petrol