Archives Tag: Petrol
How to Survive the Coming Petrol Subsidy Removal
April 19, 2022
Barring any unforeseen changes to its plan, Nigeria’s Federal Government is set to eliminate its long-standing Petrol subsidy (Premium Motor Spirit). This will result in a substantial rise in the price of the product. Analysts expect a ripple effect to ensue across the economy, causing a sharp increase in the cost of most goods … Continue reading How to Survive the Coming Petrol Subsidy Removal
Fact Check: Has Petrol Subsidy Really Been Removed?
April 19, 2022
Nigeria was thrown into a mild fit on Wednesday, September 2, when the Federal Government announced that the price of Premium Motor Spirit (PMS), popularly known as petrol, was increased from N145 to N151.56 per litre with effect from September 2, 2020. Background: This development was communicated in an internal memo released by the Pipeline and Product Marketing … Continue reading Fact Check: Has Petrol Subsidy Really Been Removed?
By adedoyin
PPMC Fixes Ex-Depot Petrol Price at ₦151.56 Per Litre
April 19, 2022
The Petroleum Products Marketing Company (PPMC) has announced that the ex-depot price of petrol will now be ₦151.56 per litre. The new price was disclosed in a memo released by the body on Wednesday. The ex-depot price is the price at which petrol is sold to merchants at the depots. It is an indicator of … Continue reading PPMC Fixes Ex-Depot Petrol Price at ₦151.56 Per Litre
ThrowBack Thursday: When #OccupyNaija Revived the National Spirit
April 19, 2022
Following the declaration announcing the removal of fuel subsidy on January 1st 2012, Nigerians took to the streets as immediately as January 2nd protesting the sudden fuel price hike which they deemed unreasonable. The people could not fathom how corruption and the expenses of government officials will be so high while the citizens continue to … Continue reading ThrowBack Thursday: When #OccupyNaija Revived the National Spirit
By adedoyin
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
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
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
Lagos State Government Sets Up Oil Corporation.
April 19, 2022
The Lagos State Government is set to launch its oil and gas corporation, aimed at optimizing the benefits of oil and gas in the country and ease supplies to the state. The Lagos State Oil and Gas Corporation (LOGASC) is on the way in the state, and a bill towards it has been sent to … Continue reading Lagos State Government Sets Up Oil Corporation.
By david
