• Marketers Threaten Strike Over N185/Litre Fuel

    Marketers Threaten Strike Over N185/Litre Fuel0

    Marketers Threaten Strike Over N185/Litre Fuel The Independent Petroleum Marketers Association of Nigeria, IPMAN on Monday, threatened to withdraw its service over incessant increment on the price of the premium motor spirit in the Eastern part of the country. The marketers, in a statement, blamed private depots for the hike in price. According to them,

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  • Aviation fuel: Airfare hikes loom as marketers predict N700/per litre

    Aviation fuel: Airfare hikes loom as marketers predict N700/per litre0

    BARELY 24 hours after the price of aviation fuel rose by 35 per cent from N430/litre to N580/litre, oil marketers on Wednesday predicted that the price of the product might hit N700/litre by next week if the global crude oil price continued to fluctuate. The National Operations Controller, Independent Petroleum Marketers Association of Nigeria, Mr

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  • Fuel Scarcity: NEITI Blames subsidy, ex-depot price hits N180/litre0

    The Nigeria Extractive Industries Transparency Initiatives, an agency of the Federal Government, on Monday, blamed the over three-week scarcity of Premium Motor Spirit, popularly called petrol, on the continued subsidy on PMS. It explained that the solution to the country’s prolonged fuel crisis was to halt the subsidy regime as canvassed by stakeholders including the

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