Posts tagged as: Fuel

Man Dies In His Car While Queuing To Buy Fuel

LAGOS DECEMBER 30TH (NEWSRANGERS)-A man presumed to be in his 50s has been feared dead while queuing to buy petrol at a filling station in Oluyole Estate. The man, whose identity is unknown, suspected to be an Alhaji was sitting on his steering with one leg on the pedal and the other on the ground […]

Petrol To Cost N410 Per Litre After Removal Of Subsidy – NNPC

LAGOS NOVEMBER 10TH (NEWSRANGERS)-Without the current subsidy on petrol, the actual importation and retail cost would be at N410 per litre as market conditions take price to thrice of N170 pump price, said the Group Chief Executive Officer of NNPC Limited, Mele Kyari. Daily Trust had reported on Tuesday that marketers are pushing for over […]

Domestic Airfares Soar ….Lagos To Abuja N80k, PH To Kano N85k

LAGOS JULY 30TH (NEWSRANGERS)-Nigeria airlines have increased fares for domestic flights to at least N80,000 depending on the trip over the rising cost of aviation fuel and foreign exchange (FX) crisis. Checks by TheCable on Friday showed that Azman Air flight from Lagos to Kano/Kaduna increased from about N60,000 to N100,000. Air Peace also increased […]

Nigeria Govt Has Quietly Removed Electricity Subsidy, Fuel Subsidy To Follow – Minister

LAGOS MARCH 12TH (NEWSRANGERS)-The Minister of Finance, Mrs Zainab Ahmed, has revealed how the Federal Government quietly removed the subsidy on electricity tariff. She said the government had to carefully adjust the prices incrementally at some levels. Speaking on Thursday at a virtual meeting of African Finance Ministers and the International Monetary Fund, Ahmed also […]

Abuja Commuters, Motorists Stranded As Fuel Hits N1000 Per Liter

LAGOS FEBRUARY 17TH (NEWSRANGERS)-Residents of the Federal Capital Territory, FCT, have lamented the non-availability and high cost of Premium Motor Spirit, popularly known as petrol. Latest checks by DAILY POST revealed that the non-availability of fuel has led to a boom in “black market” sales, as motorists have opted to patronize the only available channel […]

Nigerians To Buy One Litre Of Petrol N340 By Next Year-Kyari

LAGOS NOVEMBER 25TH (NEWSRANGERS)-Nigerian National Petroleum Company Limited (NNPCL) Group Managing Director/ Chief Executive Officer (GMD/CEO) Mele Kyari, has stated that  petrol will sell for between N320 and N340 per liter from February, next year. Kyayi, who said Nigeria would be out of the subsidy regime in the first quarter of 2022, explained that subsidy […]

Six Nigerians Arrested For Hoarding And Selling Black Market Fuel In UK

LAGOS SEPTEMBER 30TH (NEWSRANGERS)-Following the Fuel scarcity in the United Kingdom about six Nigerians have been arrested for hoarding Fuel in Jerry cans and selling at an outrageous prices. According to the UK police spokesma Greg Smith, some of the Nigerians arrested include Kenneth Obiora (M), chukwuma Ahamba (M), Gift Nwankwo (F), Kelechi Amadi (M), […]

‘Petrol To Sell For ₦230 Per Litre In March’

LAGOS MARCH 1ST (NEWSRANGERS)-Premium Motor Spirit (PMS) also known as petrol is to sell for as much as N230 per litre in March, fuel marketers declared yesterday. This came as panic buying and fuel hoarding rocked many filling stations in Lagos and Abuja, making queues to resurface in the two cities. The Nigerian National Petroleum […]

Embarassing: Nigeria To Resume Fuel Imports From Niger Republic

LAGOS NOVEMBER 21ST (NEWSRANGERS)-Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petroleum Resources announced on Thursday in a statement that the two countries signed a Memorandum of Understanding on Thursday for petroleum products transportation and storage. According to the statement, […]

Nigeria Police Boss Requests For N24.8bn To Fuel Police Vehicles, Motorcycles Annually

LAGOS NOVEMBER 12TH (NEWSRANGERS)-The Inspector-General of Police (IGP), Muhammad Adamu, on Tuesday said the Force would need N24.8bn to fuel its fleet of vehicles and motorcycles in a year. He said this when he presented the 2020 budget performance. He also defended the 2021 budget proposal before the House of Representatives Committee on Police. Adamu […]

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