The landing cost of Premium Motor Spirit (PMS), commonly known as petrol, has surged by 46.8% year-on-year (YoY) from N545.83 per litre in May 2023 to...
Aliko Dangote, the Chairman of the Dangote Group and Africa’s wealthiest individual has announced that Nigeria is poised to attain fuel independence by next month. Dangote...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a stern warning to the Federal Government to shut down its 30,000 stations nationwide if an...
The Nigerian National Petroleum Corporation (NNPC) is facing an increasingly daunting subsidy burden as oil prices continue to surge. Investigation has revealed that escalating crude oil...
After a two-day suspension of operations by the Nigerian Association of Road Transport Owners (NARTO), oil transporters have resumed operations following government intervention. The suspension had...
Oil marketers and members of the Nigerian Association of Road Transport Owners (NARTO) are engaged in intense negotiations to prevent a potential nationwide shutdown of fuel...
Nigeria’s petrol subsidy has surged to N907.5 billion monthly, surpassing the levels seen before President Bola Tinubu’s decision to halt the costly practice last May. Analysis...
Independent oil marketers are advocating for direct supply of premium motor spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) as a means to alleviate...
The Chairman of the Independent Petroleum Marketers Association of Nigeria in the Satellite Depot branch, Akin Akinrinade, has raised an alarm over the rising cost of...
The recent surge in fuel prices has reverberated through the transportation sector, causing a staggering 75% increase in commuting expenses for the average Nigerian. The National...