Archives Tag: Fuel
How Businesses Can Cope with the Effects of Fuel Subsidy Removal
April 19, 2022
The removal of the fuel subsidy can have significant implications for businesses, leading to increased economic and operational costs. In many countries, including Nigeria, the removal of fuel subsidies often results in higher fuel prices, which can affect transportation costs, raw material expenses, and overall business operations. However, with careful planning and strategic measures, … Continue reading How Businesses Can Cope with the Effects of Fuel Subsidy Removal
PPPRA Sets New Petrol Price at ₦121.50 Per Litre
April 19, 2022
The Petroleum Products Pricing Regulatory Agency (PPPRA) has again reduced the price of petrol at gas stations in the country. The agency says petrol will now be sold at the pumps for between ₦123.50 and ₦121.50 per litre. This is a downward revision from the previous price band of ₦123-₦125 per litre, which was fixed … Continue reading PPPRA Sets New Petrol Price at ₦121.50 Per Litre
NNPC Cuts Petrol Depot Price to ₦108
April 19, 2022
The Nigerian National Petroleum Corporation has again lowered the ex-depot price of petrol. The latest reduction, announced on Wednesday, will see PMS sold to marketers at ₦108 per liter, down from ₦113.28 per liter. Final consumers can now expect a similar cut to the price of the product at petrol stations. In March, the ex-depot … Continue reading NNPC Cuts Petrol Depot Price to ₦108
Business Growth Tip: Fuel Sales with the Buzz Around Special Events
April 19, 2022
If only those bumper Christmas sales were happening all year round! You’ve probably had this thought crop up in your head quite often, especially when you’ve piled up some decent looking profit from the year-end business. It’s the sort of wishful thinking we slide into once in a while, just for the soothing effect it … Continue reading Business Growth Tip: Fuel Sales with the Buzz Around Special Events
Nigeria Today: Top 5 News Stories, Wednesday, Dec 7th, 2016
April 19, 2022
1. President Muhammadu Buhari has formally announced that the 2017 Appropriation Bill will be presented to the National Assembly on December 14. 2. Swift Network and Cobranet have emerged winners from the bidding process of the sale of two slots of 5.4GHz spectrum auctioned by the Nigerian Communications Commission (NCC) at a final price of N55.4 million. … Continue reading Nigeria Today: Top 5 News Stories, Wednesday, Dec 7th, 2016
By ogo-eze
The Removal of Nigeria’s Fuel Subsidy and Its Ripple Effects
April 19, 2022
Yesterday’s announcement by the Federal Government on the removal of the long-standing fuel subsidy has triggered a deluge of reactions from Nigerians. And they have come in diverse forms and hues- from people who have clapped excitedly at what they term a long overdue policy change, to those who fiercely argue against it. The representatives … Continue reading The Removal of Nigeria’s Fuel Subsidy and Its Ripple Effects
Getting Nigeria’s Refineries Back on Track
April 19, 2022
If there is such a thing as a music album on Nigeria’s economic woes, then the perpetual sing-along song of the nation’s moribund refineries should be on it. Not many depressing reproductions of the tale of national failures are told without saying something about it. It is recognized as a challenge that needs to be … Continue reading Getting Nigeria’s Refineries Back on Track
FueledUp: Fuel at My Doorstep
April 19, 2022
Presently Premium Motor Spirit popularly known as petrol or fuel is the scarcest commodity in Nigeria, the length of queues at the few petrol stations that are selling is eye boggling, because of this the price of various good and services in the country have skyrocketed (whether they rely on fuel or not). This has … Continue reading FueledUp: Fuel at My Doorstep
By muna-ugorji
FG to Reduce Petrol Price to N85 in Jan 2016
April 19, 2022
According to a Premium Times News report, the Federal Government of Nigeria may reduce the pump petrol prices to N85 per litre as from January 1, 2016. This was made known by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu during a visit to the Port Harcourt Refining Company in Rivers State on … Continue reading FG to Reduce Petrol Price to N85 in Jan 2016
By ify
Losing the Blame Game
April 19, 2022
By Adaobi Tricia Nwaubani Last January, thousands of Nigerians stormed the streets to oppose an insensitive government policy that suddenly hiked the pump price of petrol by over 100 percent, in a country where 99 percent of the population lives on less than $2 a day. Victory was soon declared by the historic ‘Occupy Nigeria’ … Continue reading Losing the Blame Game
