How petrol price deregulation can work for all
There is evidence that suggests the implementation of full deregulation of the downstream petroleum industry has a win-win potential for both operators and a vast majority of Nigeria’s 200…
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Petrol Price
Price of top-grade petrol goes up to N216 a litre in Egypt
The price of the top-grade petrol was raised to N216 in Egypt on Friday after a meeting of the price-setting committee.
It was the first time since it was formed in October 2019 following…
Petrol to reach N250/litre without subsidy, boom for gas vehicles
Nigeria’s state-oil firm is not backing down from the fight to end subsidy because it is cutting to the bones, but this situation is signalling opportunities for discerning investors in the…
NNPC can no longer bear N120bn monthly subsidy on fuel – Kyari
Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Mele Kyari, says the corporation can no longer bear the over N120 billion monthly subsidy on Premium Motor…
After backlash, PPPRA deletes template announcing petrol price increase
After widespread criticism, Nigeria's Petroleum Products Pricing Regulatory Agency (PPPRA) has deleted a petrol pricing template announcing an increase in the retail price of petrol.
The…