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Petroleum Products Pricing Regulatory Agency
The Federal Government and Organised Labour will meet this evening over the recent hike in pump price of Premium Motor Spirit, PMS, commonly known as petrol that shocked Labour leaders and Nigerians in the wake of tension created by the September increment.
The Trade Union Congress (TUC) has accused the federal government of reneging on the agreement reached with the organised labour a few weeks ago with regards to the hike in electricity tariff and pump price of petrol.
The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that N8.9 trillion was spent on fuel subsidy by the Federal Government, mainly by previous administrations, between 2006 and 2015.
Nigeria Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector.
The Petroleum Products Pricing Regulatory Agency, PPPRA, blamed foreign exchange challenges and prevailing uncertainty for the inability of oil marketers to resume fuel import.
Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the Premium Motor Spirit, PMS, by the Petroleum Products Marketing Company, PPMC, with some of the stations raising the price to as high as N161 per litre.
Minister of State for Petroleum Resources, Chief Timipre Sylva, Thursday, disclosed that the Federal Government was not currently capable, financially, to pay the subsidy.
The Nigerian National Petroleum Corporation saw its revenue from petrol sales plunge by 47.38 per cent to N107.61bn in April as supply dropped amid the coronavirus lockdown and the reduction in the pump price of the product.
Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol.
The Women in Energy Network (WIEN) has accused the Petroleum Products Pricing Regulatory Agency (PPPRA) of secrecy in the computation of the indices guiding pump prices of petroleum products.
The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol for marketers.
The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent deregulation of the sector, to prevent petroleum products marketers from exploiting consumers and also to enforce the appropriate laws guiding the industry.
The federal government has, on Monday, June 1, slashed the pump price of Premium Motor Spirit (PMS) also known as petrol to N121.50 per litre.
Former Niger Delta militant leader, Chief Government Ekpemupolo alias “Tompolo” has protested against the continued siege on his firm, Mieka Dive Limited, five months after he was vindicated of corruption charges by a Federal High Court sitting in Lagos.
Former governor of Ekiti State, Peter Ayodele Fayose, yesterday secured the permission of a federal high court in Lagos to seek medical treatment abroad.
Napoli medics believe Nigerian doctors did more damage to Victor Osimhen’s dislocated shoulder while trying to put it back into place.
The Acting Director, Defense media Operations, Brigadier General Bernard Onyeuko, told newsmen during routine updates for the month of November, at the Army Super camp 4 in Faskari, Katsina State, that four additional suspected armed robbers and three cattle rustlers were also nabbed by troops while 300 cows were recovered during the operations.
The Katsina State Government have declared its determination to shore up her investment climate in the state and have therefore designated 2021 for the take off of its aggressive investment promotion campaigns, aimed at boosting the economic and social development of the state as well promote wealth and employment creation.
Samuel Chukwueze scored the only goal of the game as Villarreal defeated Sivasspor 1-0 away in the Europa League on Thursday.
Max Verstappen topped the times ahead of Lewis Hamilton in Saturday morning’s third and final practice at the Bahrain Grand Prix.
Manchester United veteran Juan Mata are under no illusions over tomorrow's Champions League opponents PSG.
The Peoples Democratic Party (PDP) has called for a thorough investigation into Saturday’s explosion at the Christian Universal Church, Port Harcourt.
A Federal High Court in Lagos Friday heard how a former Nigerian Bar Association (NBA) President Mr. Paul Usoro allegedly received N1.1billlion from the Akwa-Ibom State Government.