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Fuel price

21 Mar
The prices of premium motor spirit (PMS) and of automotive gas oil (AGO) rose by 157.57 per cent and 50.2 per cent respectively in the 12 months covering February 2023 to last month.
27 Feb
Workers in the informal sector of the economy have shown support for the planned two-day national mass protest by organised labour and civil society organisations, urging the government to put an end to the hardship the citizens are currently battling with.
4 Jan
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied reports that plans are ongoing to increase the pump price of petrol. There were reports of a clash between fuel marketers and Nigerian National Petroleum Company Limited (NNPCL) over whether the government was still paying subsidy. It was then reported that petrol will now cost…
15 Dec
The Nigeria Labour Congress (NLC) on Friday strongly condemned the World Bank’s recommendation to the Federal Government to increase the price of a litre of fuel from N600 to N750. NLC in a statement said the call by the World Bank's recommendation is a threat to Nigeria's economy as a whole. "We vehemently reject the…
17 Aug 2023
The Nigerian National Petroleum Company Limited (NNPC Ltd) has explained what it aims to achieve with the emergency $3billion crude oil repayment loan it secured. NNPC Limited in a statement on Wednesday said it secured the crude-for-cash funding from African Export-Import (AFRIEXIM) Bank headquarters in Cairo, Egypt. On Thursday, it disclosed what Nigerians need to…
24 Jul 2023
The Civil Society Legislative Advocacy Centre (CISLAC) has faulted the new increase in fuel pump price by the Nigerian National Petroleum Corporation (NNPC), and warned President Bola Ahmed Tinubu-led government not to take the patience of poor Nigerians who reluctantly bear the dire consequences of the over 300 per cent fuel price increase, for granted.
21 Jul 2023
“It is a grave violation of the public trust and constitutional oath of office for members of the National Assembly to unjustifiably increase their own budget at a time when over 137 million poor Nigerians are living in extreme poverty...
20 Jul 2023
A civil society organization - Advocacy for Positive Behavioural Patterns Initiative, has urged President Ahmed Bola Tinubu to as a matter of urgency, address hike in fuel price to reduce inflation rate for the sake of the teaming masses.
29 Jun 2023
Human rights activist, Senator Shehu Sani has hit out at Nigerian oil marketers for projecting that petrol will be sold at N700 per litre in some parts of the country.
12 Jun 2023
The Nigeria Union of Journalists (NUJ), Anambra State Council, has urged the federal, state and local governments to make available adequate....
5 Jun 2023
Catholic Archbishop of Abuja, Most Rev. Ignatius Kaigama, has urged President Bola Tinubu and other elected public office holders to intensify efforts at healing political wounds from the last general elections and managing the nation’s diversity well.
2 Jun 2023
The Nigeria Labour Congess (NLC) has declared a nationwide strike from next Wednesday. NLC President Joe Ajaero made the announcement after an emergency meeting of the union’s National Executive Council (NEC) in Abuja. The congress said it took the decision due to the fuel shortages across the country, following President Bola Tinubu’s inaugural speech in…

Latest

1 day ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
1 day ago
President Bola Ahmed Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Presidential spokesman, Ajuri Ngelale, confirmed Tinubu's approval of Bello's appointment in a statement on X on Thursday. According to the Ngelale, Dr. Bello is a consummate…
1 day ago
Hoodlums attacked and set on fire the Neni Divisional Police station in Anaocha Local Government Area of Anambra State. It was gathered that the hoodlums numbering about 30 stormed the area at about 2am on Thursday and destroyed several buildings. READ ALSO: First phase of Lagos-Calabar Highway to be completed in three years – FG…
1 day ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
1 day ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
1 day ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
1 day ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
1 day ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
1 day ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
1 day ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…