A coalition has described the petrol discount offered by the Nigerian National Petroleum Company Limited (NNPCL) as a welcome intervention aimed at easing the financial burden on Nigerians amid rising living costs. The coalition said the price reduction could provide some relief to motorists, transport operators, businesses and households struggling with the high cost of…
The Federal Government has clarified that the petrol discount introduced by the Nigerian National Petroleum Company Limited (NNPC) retail arm is not a return of fuel subsidy, insisting that no public funds are being used to reduce pump prices. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made the clarification in…
Adewole Adebayo, presidential candidate of the Social Democratic Party (SDP), has promised to reduce the price of petrol, cooking gas and aviation fuel, also known as Jet A1, to N200 per litre if elected president in 2027. Adebayo made the promise on Sunday during an interview with the News Agency of Nigeria (NAN) in Abuja….
