Petrol Price May Jump To N 750 Per Litre — IPMAN

Petrol Hike: Angry protesters block Benin-Lagos road over fuel subsidy

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has indicated that the pump price of Premium Motor Spirit (PMS) may rise to about N750 per litre. The association’s national spokesperson, Chinedu Ukadike conveyed this while speaking in Abuja. He pointed out that the Nigerian National Petroleum Company Limited (NNPCL) currently maintains its ex-depot price at […]

7.5% VAT: Nigerians angry with Tinubu over effects on petrol prices

Tinubu orders security agencies to crush oil theft

Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax (VAT) on the price of premium motor spirit, otherwise known as petrol. This comes barely a month after President Bola Tinubu removed the subsidy on petrol during his inaugural speech on May 29, raising the price of PMS […]

Petrol Subsidy: NLC absent, FG’s meeting with TUC ends in deadlock

Petrol Hike: Angry protesters block Benin-Lagos road over fuel subsidy

A federal government delegation is in a meeting with representatives of organised labour at the presidential villa in Abuja over the removal of subsidies on petrol. The Nigeria Labour Congress (NLC) didn’t make the meeting. The meeting comes five days after a first meeting with the new government on the same issue ended in a […]

Petrol Hike: Angry protesters block Benin-Lagos road over fuel subsidy

Petrol Hike: Angry protesters block Benin-Lagos road over fuel subsidy

Angry protesters in Edo State have blocked the Benin-Lagos highway over the hike in the price of Premium Motor Spirit (PMS), also known as petrol. The protesters, who comprised mainly members of the Edo State Civil Society Organisation (EDOCSO), called for an immediate reversal of the pump price of fuel. The protest, which caused traffic […]