The Nigerian National Petroleum Company Limited (NNPC) on Tuesday raised the retail price of Premium Motor Spirit (PMS), commonly known as petrol, just weeks after a previous increase. This latest price adjustment has fueled concerns over potential inflation spikes and economic hardship. In Abuja, NNPC outlets raised the price per […]
NNPC
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a grave warning, predicting that the current scarcity of Premium Motor Spirit (PMS) may continue for up to two more weeks. The Public Relations Officer of IPMAN, Chinedu Ukadike, revealed this alarming news in response to the widespread shortage of […]
On Sunday, it was communicated by oil marketers that the potential escalation of Premium Motor Spirit (petrol) cost could occur, reaching an estimated range of N680/litre to N720/litre in the upcoming weeks if the exchange rate of the dollar remains within the bounds of N910 to N950 on the parallel […]