Nigeria Agrees to Cut Crude Production for Global Oil Market Stability.
In a bid to ensure stability in the global oil market, Nigeria has announced its agreement to reduce its crude ...
Tag: fuel subsidy
NNPC Terminates Crude-for-Petrol Swap Deals, Embraces Cash Payments for Imports.
The Nigerian National Petroleum Company (NNPC) Limited has announced the termination of its crude-for-petrol swap deals, known as Direct Sale ...
Rising Prices of Food and Essential Goods Follow Fuel Subsidy Removal Announcement by President Tinubu
Prices of Essential Goods Soar as Petrol Subsidy Ends In response to President Bola Tinubu's announcement that the era of ...
NNPC CEO: NNPC Utilizes Official Forex Rate, Fuel Price Unaffected by Exchange Rate Changes
The Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari, recently emphasized that the NNPC ...
NNPC release new pump prices for fuel stations.
The Nigeria National Petroleum Company (NNPC) Limited announced on Wednesday morning that it would change the pump price to N537 ...
Filling Station Breaks the News: Fuel Subsidy Ends, Prices Soar to N600/Litre.
In a historic move, President Bola Ahmed Tinubu declared the end of fuel subsidy during his inauguration/national address. The announcement ...
President Tinubu Declares the Phasing Out of Fuel Subsidy, Redirects Funds to Education, Healthcare, and Job Creation
President Tinubu has announced his decision to phase out the petrol subsidy regime with immediate effect, citing its disproportionate benefit ...
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