Fuel price Archives -

World Bank Calls For Petrol Price Adjustment To N750 Per Litre

Ekweanaedonews2 years ago2 years ago01 mins

The World Bank has recommended that the price of petrol in Nigeria should be increased to N750 per litre, stating that the current price of N650 per litre does not reflect the true cost of production and may still involve fuel subsidy payments by the government. During the Nigeria Development Update presentation in Abuja, the…

The Price Of Fuel Will Soon Drop – Stakeholders

Alex Ogbonnaya2 years ago2 years ago03 mins

Stakeholders in the Downstream Petroleum sub-sector have assured Nigerians of a significant reduction in the pump price of fuel, indicating optimism that the ongoing crises in the energy sector will soon be resolved. They specifically anticipate a drop in petrol prices with the expected resumption of operations at the Port Harcourt Refinery in Rivers State…