Petrol price

ADC Raises Alarm as Petrol Price Rises to N1,470

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Precious Nwonu, Enugu The African Democratic Congress has raised concerns over the latest increase in petrol prices, warning that the rising cost of Premium Motor Spirit is deepening the economic pressure on Nigerian households and businesses. The opposition party’s warning came as petrol prices at some Nigerian National Petroleum Company Limited retail outlets in Abuja … [Read more…]

Amidst scarcity, Nigerian govt denies increasing petroleum pump price

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The Nigerian government on Friday said it has not approved any increase in the pump prices of petrol across the country. The Minister of State for Petroleum Resources, Timipre Sylva, disclosed this in a statement issued by his senior adviser on media and communication, Horatius Egua. Mr Sylva spoke as Nigeria continue to queue for … [Read more…]