Fuel Scarcity

Festus Keyamo, the director, strategic communications of President Muhammadu Buhari's campaign organisation has said that PDP's flag bearer, Atiku Abubakar's promise to crash fuel to N97 per litre is laughable and impossible.

There may be shortage of fuel if the Nigeria Labour Congress (NLC) goes ahead with its planned strike as the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has pledged its loyalty to the labour union.

Somebody picked the call and said that they (victims) slept and did not wake up. The whole family was affected, but the police said the father survived. They said that though his case was serious, there was the need to rush him

The National Bureau of Statistics in its premium motor Spirit (petrol) price watch report released on Tuesday, June 12, says the average price paid by consumers for petrol decreased to N150.2 in May from N151.4 paid in April.

The price of producing a litre of Premium Motor Spirit (PMS) also known as petrol has climbed to N205 according to a report by Vanguard, quoting documents obtained from the Petroleum Products Pricing Regulatory Agency (PPPRA).

Stephen Innes, head of trading for Asia/Pacific at futures brokerage OANDA in Singapore, said oil markets remained nervous about “whether or not the U.S. administration will scrap or maintain the fragile nuclear deal with Iran."