Reduction in pump price, NECA calls for removal of subsidy

Reduction in pump price, NECA calls for removal of subsidy

The Nigerian Employers’ Consultative Association (NECA) has charged the Federal Government to use present conditions in the oil industry to completely remove subsidy on petroleum products in Nigeria. Though commending government on the reduction in price of premium motor spirit (PMS), NECA said government should allow …..

Of Regulation, Deregulation and Petroleum Products Pricing

Of Regulation, Deregulation and Petroleum Products Pricing

With low oil prices in the international market, the Nigerian government has been quick to throw a token of fuel price reduction at Nigerians. But there is nothing salutary about the decision of the government to intervene yet again and determine the price of petroleum …..

CBN stops dollar sales to NNPC

CBN stops dollar sales to NNPC

CENTRAL Bank of Nigeria (CBN) has stopped local and international oil companies from selling dollars to the Nigerian National Petroleum Corporation (NNPC). The apex bank said the move is in line with the its determination to improve foreign exchange supply to the economy as the …..

23-03-2020

23-03-2020

NB: PMS prices remains highly unstable so to avoid misinformation, it’s been left blank. OilpriceNG would keep you posted. AGO [/vc_column_text][/vc_column][/vc_row]… This content is for Weekly Plan, Monthly Plan, and Annual Plan members only.Log In Register...

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