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Oil marketers have stated that the amount of Premium Motor Spirit, commonly known as petrol, produced by the Dangote Petroleum Refinery is currently insufficient to meet domestic demand. Based on this, dealers are to import the commodity to augment the supply from the $20bn Lekki-based plant, the marketers stated on Tuesday. They aligned with the […]
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Oil marketers have insisted that the Federal Government has returned to subsidizing the pump price of Premium Motor Spirit, popularly called petrol. On Tuesday, the marketers said if it were not so, petrol would have been selling for about N800/litre.Monday, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, denied […]
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In the thick of the hardship brought on by the removal of fuel subsidy, oil marketers have said Petroleum Motor Spirit, also known as petrol, can actually sell for below N200. They however gave conditions for Nigeria to achieve the rate. The marketers said if the Federal Government can ensure that the nation’s refineries are […]
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