Petrol to be sold N537 per litre as Nigerian government removes fuel subsidy

May 31, 2023
19 Views

BY SULE TAHIR.

The price of Premium Motor Spirits (PMS) otherwise known as petrol is now N537 as the Nigerian government reportedly removed the fuel subsidy.

Sources close to the Nigerian National Petroleum Company Limited (NNPC Ltd) put petrol price in Abuja, Lagos, and Kano at N537, N488 and N540 per litre respectively.

The development which comes days after President Bola Ahmed Tinubu stated that the fuel subsidy is gone, has, however, thrown the downstream sector of Nigeria’s petroleum industry into confusion.

You may be interested

Gunmen Bomb Anambra Police Station, Burn Parts of Local Council Secretariat
Crime
2 views
Crime
2 views

Gunmen Bomb Anambra Police Station, Burn Parts of Local Council Secretariat

Webby - March 28, 2024

Some yet-to-be-identified armed hoodlums, numbering about 30, have bombed the Neni Divisional Police Station in the Anaocha Local Government Area…

How Mobile Apps Have Transformed Live Wagering
News
1 views
News
1 views

How Mobile Apps Have Transformed Live Wagering

Webby - March 28, 2024

The stands out as a prime example of the evolution of mobile gaming, particularly in the realm of sports betting.…

How Police Nabbed 4, Convicted 2 For Vandalizing EEDC Property
News
4 views
News
4 views

How Police Nabbed 4, Convicted 2 For Vandalizing EEDC Property

Webby - March 28, 2024

The Federal High Court of Nigeria, located in Awka, Anambra State, has issued a verdict, sentencing Chinonso Chinaemelu, aged 27,…

Leave a Comment

Your email address will not be published.