Yemi Kale, NBS

Petrol price increases by 17.10 pct in December, says NBS

The National Bureau of Statistics, NBS, stated that the average price of Premium Motor Spirit (PMS), popularly known as petrol, increased by 17.10 per cent year-on-year in December 2017. It also stated that average price also increased by 17.98 per cent month-on-month to ₦171.8 in December 2017 from ₦145.6 in November 2017. The bureau disclosed […]

Read More

Pump prices of Petrol hits ₦160 per litre at depots in Lagos

Despite the repeated assurance by the Nigerian National Petroleum Corporation (NNPC), that it has not increased its petrol ex- depot price from ₦133.80k, correspondent findings across some depots in Apapa proved otherwise. Some marketers who spoke to correspondent under the condition of anonymity, said the price of petrol received from NNPC as Wednesday was ₦160 […]

Read More
Nigerian National Petroleum Corporation, NNPC headquarters are seen in Abuja

NNPC denies intention to increase pump price of petrol

For the umpteenth time, the Nigerian National Petroleum Corporation (NNPC) has denied it has a plan to execute an increase in petrol price. In a statement today by spokesman Ndu Ughamadu, the corporation gave assurance to motorists and other consumers of petroleum products that the pump price of petrol remains ₦143 per litre in NNPC […]

Read More

PPPRA denies plans to increase petrol price by N5

The Petroleum Products Pricing Regulatory Agency (PPPRA), has said that there are no plans to increase the pump price of petrol from the current N145 per litre PPPRA is the agency responsible for regulating petroleum products pricing, supply and distribution, across the country. A statement signed by PPPRA’s Executive Secretary, Mr. Abdukadir Saidu, assured that […]

Read More

PPPRA: No plan to increase Petrol Price

The Petroleum Products Pricing Regulatory Agency (PPPRA) has reaffirmed that the Federal Government has no plan to increase the price of Premium Motor Spirit (PMS), also known as petrol. The General Manager Operations of PPPRA, Mr Olasupo Agbaje, made the declaration on Monday while addressing reporters in Abuja, Nigeria’s capital. Mr Agbaje said the agency […]

Read More