Fuel Hike Archives — City Business News

October 17, 2024 No Responses

FG Meets Labour Leaders Over Petrol Price Hike

The Federal Government on Wednesday met with the leadership of the Organised Labour at the office of the Secretary to the Government of the Federation, George Akume, Abuja. Minister of Information and National Orientation, Mohammed Idris, led the Federal Government’s...

October 10, 2024 No Responses

NLC Faults Fuel Price Hike

The Nigeria Labour Congress (NLC) on Wednesday rejected the new increase in petrol pump price, saying it will further deepen poverty in the country. “It will further deepen poverty as production capacities dip, more jobs lost with multidimensional negative e...

September 16, 2024 No Responses

NNPC Replies Dangote Refinery, Restates N898 Per Litre Transaction

The Nigerian National Petroleum Company Limited (NNPC Ltd), on Monday morning insisted that it bought Premium Motor Spirit (PMS), also known as Petro from Dangote refinery at N898 per litre. In a statement issued on Monday morning, Chief Corporate Communi...

September 5, 2024 No Responses

TUC: Petrol Price Hike Will Worsen Workers’ Poverty

The increase in the pump price of petroleum would worsen poverty among workers, the Trade Union Congress of Nigeria (TUC) has said. In a statement on Wednesday, TUC President, Comrade Festus Osifo called on the Federal Government to “immediately rescind...

September 4, 2024 No Responses

NLC Faults Petrol Price Hike

The Nigeria Labour Congress (NLC) on Tuesday demanded an immediate reversal of the hike in fuel price announced by the Nigerian National Petroleum Company Limited (NNPCL). The NNPCL increased the pump price of petrol from ₦568 to ₦855, ₦897 (depend...

February 10, 2022 No Responses

Petrol Queues Persist In Abuja

Motorists in Abuja on Wednesday continued to experience hardship in the purchase of Premium Motor Spirit (PMS), also known as petrol, for the fourth day running. The News Agency of Nigeria (NAN) reports that retail outlets around Maitama, Wuse, Gwarimpa,...

December 2, 2021 No Responses

Oil Rises Ahead Of OPEC Meeting

Oil prices clawed back some losses on Wednesday after steep falls in the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant.U.S. West Texas Intermediate (WTI) crude...

November 25, 2021 No Responses

NLC Rejects Planned Petrol Price Increase

The Nigeria Labour Congress (NLC) has called on the Federal Government to consider options to help the country embrace developmental governance and accountable leadership while rejecting the planned petroleum price increase. NLC President, Comrade Ayuba Wa...

September 3, 2020 No Responses

NLC Rejects Hike In Fuel Price

The Nigeria Labour Congress (NLC) has rejected increase in Premium Motor Spirit (PMS), also known as petrol from N148. 50 per liter to N151.56 per litre. Reacting to the increase in a chat with News Agency of Nigeria (NAN), NLC...

December 26, 2017 No Responses

NNPC, DPR uncover illegal fuel reservoirs in Abuja

A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja. Speaking at the site of the mini depot, the Group Managing Director of...

December 25, 2017 No Responses

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr. Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...

December 24, 2017 No Responses

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...