PPPRA offers panacea to avert kerosene explosion
The Executive Secretary of the Petroleum Product Pricing Regulatory Agency (PPPRA), Alhaji Abdulkadir Saidu, yesterday offered panacea to the recurring incidence of Dual Purpose Kerosene (DPK) explosions in the country.
Reps engage PPPRA over speculations on fuel price hike
The House of Representatives Ad hoc Committee on Review of Petroleum Pump Price yesterday embarked on a fact-finding mission to the Petroleum Products Pricing Regulatory Agency (PPPRA) to acquaint itself with the real situation of fuel in the country.
No plan to increase pump price of petrol
Mr Victor Shidok, the Acting Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA), on Monday in Abuja said there was no plan to increase the price of petrol.
Price of petrol reaches N164.09 per litre in Borno, Oyo
Despite the economic recession, consumers of Premium Motor Spirit (PMS) in Borno, Oyo and Ebonyi paid N164.09, N161, and N156.47 per litre respectively in January 2017.
Nigeria targets 10% biofuel inclusion in petroleum products
There are indications that Nigeria may reduce the import of its petroleum products by 10% when a policy on biofuel becomes operational, the Executive Secretary of Petroleum Products Pricing Regulatory Agency (PPPRA), Victor Shirok, has said.
There will be no reduction on petrol price, says PPPRA
PPPRA’s defence follows recent allegations by the House of Representative, accusing the Agency of impoverishing Nigerians by making them incur unnecessary costs in its pricing template.
Why cost of kerosine may remain high, cooking gas to sell more in Abuja
Respite may not come the way of Nigerians any time soon, concerning the prices of kerosine and cooking gas. This is because kerosine has since been deregulated, while the price of gas has been subjected to market forces.
Petrol price template crumbles
The rising cost of crude oil in the international market has renewed pressure on government to increase the pump price as subsidy is staging a gradual comeback.
‘Full downstream deregulation necessary to attract investment’
Speaking on the Federal Government’s goal is to deregulate the downstream sector of the petroleum industry, Kachikwu said though the government is not there yet, it will continue to fine-tune the process until the goal is achieved.