LAGOS JUNE 4TH (NEWSRANGERS)-The price of premium motor spirit and automotive gas oil may increase as the Federal Ministry of Works and House of Representatives push for the implementation and remittances of a 5 percent road user charge to be factored into fuel and diesel prices. This was disclosed at an investigative hearing of the…
LAGOS MARCH 11TH (NEWSRANGERS)-Nigeria’s rising energy cost and prices of spare parts are threatening haulage business, with operators incurring more losses and struggling to break even. The removal of petrol subsidies and naira devaluation have caused a further surge in prices of vehicle spare parts and diesel, thereby worsening truckers’ woes. BusinessDay findings show…
LAGOS MARCH 7TH (NEWSRANGERS)-The price of Automotive Gas Oil, popularly known as diesel, is currently sold at N545 in some fuel stations across Lagos. This is an increase of over 113% from the N225 which the commodity was for sold in January 2021. This was confirmed from findings made by Nairametrics on Saturday across fuel…
LAGOS OCTOBER 23RD (NEWSRANGERS)-The Minister of Science and Technology, Ogbonnaya Onu has revealed that his ministry is perfecting plans to use methanol to phase out diesel in Nigeria. Onu made the disclosure on Tuesday. He was speaking during the budget defence with the House of Representatives Committee on Science and Technology. He noted that the…