Tag: Petrol

spot_img

Petrol, diesel prices hiked for first time in 4 years; fuel retailers still face a gap of Rs 15-20/litre on sales

Synopsis India is the world’s third-largest oil importer, heavily dependent on global markets and energy flowing out of the Persian Gulf. In a crisis, the government typically prioritises the protection of its 1.4 billion, price-sensitive consumers and containing inflation, but last Friday’s increase suggests it is beginning to restore a balance as fiscal and market

Top 5 Stories Of The Day | Petrol Nears ₦1,400 as Businesses, NLC, and OPC Lament the Crisis

Petrol nears ₦1,400 as businesses, NLC, and OPC lament the crisis Soludo appoints Chiamaka Nnake as the first female SSG  in Anambra ‘Don’t start what you can’t finish,’ Wike at loggerheads with Makinde DJ Pretty Play completes 288-hour Guinness World Record attempt despite setback Baba Ijesha breaks silence on Bobrisky’s prison controversy Across Nigeria’s 36

Petrol stations in Port Harcourt reopen as NUPENG suspends strike

Some petrol stations in Port Harcourt City have resumed operations following the suspension of the strike declared by the Nigeria Union of Petroleum and Natural Gas Workers. A survey conducted around the Port Harcourt metropolis on Wednesday showed that many petrol stations were open for business. NUPENG directed its members to embark on a strike

Petrol price outlook improves, but bad news for bakkie drivers as diesel increase looms

Jason Woosey | Published 2 weeks ago The fuel price outlook for August is a mixed bag, with petrol prices predicted to decrease and diesel costs set for a significant increase. Data from our friends over at the Central Energy Fund (CEF) shows an over-recovery for petrol that points to potential decreases of 30 cents

GOOD petrol and diesel price news coming NEXT WEEK

The latest figures point to good news for both petrol and diesel motorists in South Africa next week. For the latest fuel price news, bookmark The South African website’s dedicated section for free-to-read content As reported by The South African website, vehicle owners in Mzansi saw a massive increase in the cost of both petrol and diesel earlier

₦935/Litre Petrol: Are They Expecting Us To Clap For Them? – Labour Reacts To New Price

The Nigeria Labour Congress (NLC) has demanded further reduction in the pump price of Premium Motor Spirit (petrol), stressing that the recent drop in price to ₦935/litre is not satisfactory. Naija News reports that Dangote Petroleum Refinery in partnership with MRS recently announced a reduction in petrol price to ₦935/litre. Prior to the announcement, the

Petrol Subsidy Is Emotive, Financing For Development Is Rational, by Salisu Na’inna Dambatta

Petrol Subsidy Is Emotive, Financing For Development Is Rational, by Salisu Na’inna Dambatta   That the sum of USD 800 million (about N386 billion) borrowed by the Federal Government through the World Bank would be used to cushion the initial potential negative effects of the forthcoming removal of subsidy on the price of premium motor

Newsletter

Don't miss

World’s Largest Gun Aims to Shoot Satellites Into Space

When a rocket launches a payload into orbit, the overwhelming majority of its weight at launch is just fuel. After decades of space travel, a company called Longshot Space hopes to unlock a more efficient way to launch satellites into orbit. The plan: Shoot satellites into space with the world’s biggest gun. To accomplish this

BNXN Says NBA Stars Earn Far More Than Nigerian Musicians

Music (Daniel Benson. Photo Credit: Photo by Daily Post) Afrobeats...