Tag: Petrol
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Petrol prices continue to rise despite Tinubu’s promise to stop hike
The price of petrol has continued to rise in recent weeks, despite the federal government's earlier promise to halt further hikes. The latest surge...
NNPC is again Nigeria’s sole petrol importer months after reforms
NNPC Ltd has resumed its role as the exclusive importer of petrol into Nigeria due to challenges faced by licensed local private firms in...
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...