The Nigerian National Petroleum Company Limited (NNPC Ltd) on Wednesday announced the adjustment of the pump price of Premium Motor Spirit (PMS) across its retail outlets, in line with the current market realities.
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The House of Representatives Ad Hoc Committee on the State of Refineries in the Country has said the Federal Government spent a total sum of N11,349,583,186,313.40 from 2010 to date.
Fuel scarcity and long queues of vehicles are major issues of discussions in Kano with most petrol filling stations shut claiming the product is not available, SOLACEBASE has reported.
The Federal government, and the Nigeria Labour Congress (NLC), will, this afternoon of Wednesday, meet by 2pm to discuss the planned removal of fuel subsidy.
The Nigeria Union of Journalists (NUJ), Ekiti State Council, has condemned the action of some marketers who have started hoarding fuel following the President Bola Tinubu’s statement on fuel subsidy removal.
Tinubu Support Group (TSG), Like-Mind Initiative, says the removal of fuel subsidy was done in the interest of Nigeria to avoid total collapse of the nation’s economy.
Gov. Douye Diri of Bayelsa has warned oil marketers in the state against hoarding and profiteering on Premium Motor Spirit (PMS), commonly known as petrol.
The Nigerian National Petroleum Company Limited (NNPC Ltd) has assured Nigerians that fuel queues in filling stations, following the affirmation of the removal of subsidy, will soon vanished.
The Kwara State governor, AbdulRahman AbdulRazaq, has warned oil marketers against hoarding petroleum products to hardship on the citizens.
Following the announcement of fuel subsidy removal by President Bola Tinubu in his inaugural speech on Monday, queues have returned to filling stations in Abuja.