Deregulation: FG May Increase Fuel Pump Price To ₦302 Per Litre By February

LAGOS JANUARY 19TH (NEWSRANGERS)-The federal government may increase the price of Premium Motor Spirit (PMS), better known as petrol, to N302 per litre in February 2022 as part of the recommendation of the National Economic Council (NEC) in November 2021. Moneycentral  understands that this is part of the government’s plan to fully deregulate the PMS…

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Nigeria To Host 3rd Annual International Petroleum Summit Next Month

LAGOS JANUARY 7TH (NEWSRANGERS) — Last month, Nigeria’s Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva declared 2020 as the Year of Gas for the West African Nation. In line with this initiative, the Minister and the Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kolo Kyari, led by Nigeria’s…

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