Fuel price hike imminent as petrol landing cost exceeds N171 per litre
Under normal circumstances, especially if the nation is not approaching a general election, indications are rife that the economy would have been in a serious fuel since the gradual rise in crude oil prices due to jumping landing costs of…
Double edged-sword as rising oil price means GDP growth, fuel price hike, scarcity
The rising global oil price, according to industry experts means two critical things for Nigeria. One, goodwill as it will jump up real Gross Domestic Product (GDP) growth over the coming quarters. The second condition that are usually associated with…
NNPC, marketers douse fears of fuel price hike
To douse fears of possible increase in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, the Nigerian National Petroleum Corporation (NNPC) and marketers in the downstream oil sector have said there are no plans for that…
