Tag: Petrol
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Why Tinubu’s petrol price decision offers no relief to suffering Nigerians
President Bola Tinubu's promise to keep petrol prices unchanged means the government is re-imposing price controls in the market. However, this will do little...
Kenya reinstates fuel subsidy months after scrapping it
Kenya has reinstated fuel subsidy nearly a year after President William Ruto scrapped it on his first day in office.
The government said it reintroduced...
Petrol going to N720 a litre as naira suffers, marketers say
The retail price of petrol in Nigeria is bound to rise to between N680 and N720 a litre in the coming weeks if the...
Marketer says petrol gets to Nigeria at N565 amid questions on N617 price
Imported petrol is landing in Nigeria at N565 a litre, a top marketing body says, leaving a margin of up to N52 between the...
NNPC blames ‘market realities’ for new petrol price of N617
Nigeria’s main oil company NNPC Ltd says it increased the price of petrol Tuesday in response to “market realities”, implying higher costs of crude...