NNPCL to Sell Dangote Petrol At ₦950/Litre in Lagos, ₦1,019 in Borno
The Nigerian National Petroleum Company Limited has said that it will sell the petrol lifted from the Dangote Refinery for nothing less than ₦950 per litre in Lagos. The NNPCL spokesperson, Olufemi Soneye, disclosed this on Monday, in a statement titled, ‘NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery Based on September […]
‘Price Revealed As Petrol From Dangote Refinery Hits Market On Sept.15′
The much-anticipated Premium Motor Spirit (PMS), better known as petrol from Dangote Refinery, is set to hit the Nigerian market by Sunday, 15th September. According to inside sources quoted by Businessday, the refinery, located in Lagos State, is set to commence the distribution of its refined petrol to marketers across Nigeria. To ensure a smooth […]
Developing: Presidency Reveals When Fuel Will Be Available, Speaks On New Price
The Presidency has assured Nigerians that the current fuel scarcity in the country will soon come to an end. Minister of State for Petroleum Resources, Heineken Lokpobiri, disclosed that the situation will normalize by the weekend. Lokpobiri, who spoke on behalf of President Bola Tinubu, expressed deep concern over the hardship Nigerians are facing due […]
POS Registration: Operators Sue Federal Gov’t As Deadline Ends
As September 5, 2024 being the deadline given by the Corporate Affairs Commission (CAC) for banking agents, known as Point of Sale(POS) operators to register their activities or face prosecution, the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has challenged the directive in court. Recall that the federal government through the Corporate […]
From Gowon To Tinubu: The Biggest Fuel Price Hikes In Nigeria’s History
The Nigeria National Petroleum Company Limited (NNPCL) has adjusted the petrol pump price at its filling stations to ₦897 per liter. Egalitarian Voice reports that this is coming two days after the Nigeria-owned oil company cried out that its operations of solely importing refined petrol into the country have been hit by financial restraints. With the recent surge […]
FG to Remove Tax on Food items, Rents, Others
The chairman of the presidential committee on fiscal policy, Taiwo Oyedele, has revealed that the committee has proposed to the federal government the removal of taxes on food, public transportation, house rents, and other basic necessities critical to the well-being of Nigerians. The head of the committee while featuring on a TV programme on Monday […]
Dangote Petrol Ready for Rollout
The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol, according to reports. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to some newsmen that the product would hit the market soon. The sources, […]
Breaking: Oyo Govt Receives CNG Buses, to be Launched Soon by Gov. Makinde
Oyo State Pacesetter Transport Services (PTS), under the leadership of Chairman and Sole Administrator, Hon. Dr. Oladeji Ibraheem Salami (DIKKO), today, September 2, 2024, received the first set of Compressed Natural Gas (CNG) buses at the Pacesetter Transport Services office, Eleyele, Ibadan. The mini buses, numbering 20 in the first batch, were handed over to […]
Workers To Wait Long For New Minimum Wage Payment
One month after President Bola Ahmed Tinubu signed the N70,000 new National Minimum Wage Act, most states of the federation are yet to take serious measures to implement the law. Except for Adamawa State, which has implemented the law by paying its workers the national wage this month, the best a few other states have […]
Amid Hardship, CBN Governor, Deputies Get N10bn Bulletproof Suvs, Housing, Overseas Allowances
Amid Hardship, CBN Governor, Deputies Get N10bn Bulletproof Suvs, Housing, Overseas Allowances The Central Bank of Nigeria (CBN) has faced criticisms for its recent expenditures amounting to several billions of naira amid the economic challenges in the country. According to reports the CBN governor, Yemi Cardoso, and his four deputies have acquired armoured vehicles and […]