Importers Raise Petrol Depot Price to ₦1,350/Litre as Competition Hopes Fade
Fuel importers have increased the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦1,230 to ₦1,350 ...
Tag: Fuel Subsidy
Tinubu: Fuel Subsidy Removal Saved Nigeria From Financial Crisis
President Bola Tinubu has stated that the removal of fuel subsidy by his administration helped prevent Nigeria from falling into ...
Tinubu Says Tough Economic Reforms Have Prevented Nigeria’s Collapse
President Bola Ahmed Tinubu has defended the economic reforms introduced by his administration, saying the difficult decisions taken over the ...
FG Rules Out Fuel Subsidy Return, Doubles Down on Market Reforms
The Federal Government has made it clear that it will not reintroduce fuel subsidies or enforce price controls, reaffirming its ...
Fuel Hike Pushes Abuja Residents to Public Transport
The Nigerian government has ruled out a return to fuel subsidies despite the recent hike in petrol prices that has ...
Oil Jumps as Violence Flares After Trump’s Offer to Help Ships Through Strait of Hormuz
Global oil prices surged on Monday following renewed violence in the Strait of Hormuz, after President Donald Trump offered US ...
The N1,275 Squeeze: Nigerians Slash Petrol Use by 21% in Three Months
Nigeria’s downstream petroleum sector recorded a significant shift in consumption patterns during the first quarter of 2026, as total Premium ...
FG Rules Out Fuel Subsidy Return Despite Rising Oil Prices
The Federal Government has ruled out any return of petrol subsidy in Nigeria, despite the recent surge in global oil ...
Dangote Refinery Implements Fourth March Price Hike as Global Oil Markets Transmit Volatility to Nigerian Consumers
Dangote Petroleum Refinery has announced another increase in the price of Premium Motor Spirit (PMS), marking the fourth hike in ...
Commuters Suffer as Fuel Costs Spike Weekly
Lagos motorists and commuters are grappling with a sharp spike in transportation costs as the retail price of Premium Motor ...
