fuel
12 Dec
Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has appealed to President Bola Tinubu to reduce
25 Nov
Nigeria's economy grew faster than expected in the third quarter of the year, official statistics showed Monday, in news hailed by a government under fire over galloping inflation. According to the National Bureau of Statistics, Nigeria's GDP growth hit 3.46 percent year-on-year, up from 3.19 percent in the second quarter and 2.54 percent in the…
15 Nov
The increase in the pump price of fuel to N1,060 in October from an earlier price of N1,030 has pushed the October 2024, headline and food inflation rate to 33.88 per cent and 39.16 per cent respectively. In September, the headline inflation was 32.70 per cent, while food inflation was 37.77 per cent. The headline…
14 Nov
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to stop petroleum product supplies to Ogun State due to ongoing intimidation by "an illegal Task Force" set up by the state government to disrupt its members' businesses statewide. The new IPMAN state chairman in Mosimi Depot, Chief Salimon Ajayi, made the threat yesterday in…
13 Nov
Operation Whirlwind of the Nigeria Customs Service (NCS) in Kwara and Niger states has revealed that it has intercepted 67,000 liters of fuel in the two states N84.8 million. In a statement by leader of the operation, Comptroller Hussaini Ejibunu, one suspect was arrested in connection with these smuggling activities and was granted administrative bail.…
7 Nov
The Nigerian National Petroleum Company Limited (NNPC Ltd) has distanced itself from the video clip of someone pouring a dark liquid, which he claims to be Premium Motor Spirit (PMS), purportedly bought from an NNPC Retail outlet at Keffi Flyover. Chief Corporate Communications Officer of NNPC Ltd, Mr. Olufemi Soneye, in a terse statement in…
27 Oct
The Publicity Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Ukadike Chinedu, says that the scarcity of fuel being presently experienced will soon be over. Chinedu told the News Agency of Nigeria (NAN) that the shifting of the supply chain was the cause of the scarcity in the country, adding that in a few…
18 Oct
Nigeria’s economic crisis and soaring petrol prices forced Bolaji Emmanuel to give up his driver and his Honda Pilot utility vehicle
12 Oct
Former Senate Majority Leader, Mohammed Ali Ndume, has said fifth columnists are working hard to sabotage the administration of President Bola Ahmed Tinubu, imploring the president to reduce fuel and food prices.
11 Oct
First, it was the food price hike. Now, there's an increase in fuel prices. It seems as though Nigeria is holding her people by the neck and choking the life out of tired, frustrated, and hungry souls. While this may be the case, it is still important to bring out our survival skills and maintain…
30 Sep
The Conference of Nigerian Political Parties (CNPP) has expressed concern about the lingering controversy surrounding the pricing of petrol from the Dangote Refinery and the role of the Nigerian National Petroleum Company Limited (NNPCL), urging the Federal Government to resolve the logjam. According to the CNPP, the apparent crisis has far-reaching implications for the economy,…
29 Sep
Nigeria’s former Ambassador to The Philippines, Dr. Yemi Farounbi, believes that the country is suffering the consequences of the 'Emilokan' ideology. Farounbi added that Nigerians are now lamenting their decision to embrace the Emilokan ideology as they realize that hunger does not have tribal marks. 'Emilokan,' a Yoruba word meaning 'it is my turn' in…