The Dodondawa Post…pen is mightier
Saturday, November 23, 2024
The Federal Government said it will not reverse the new approach of selling petroleum according to prevailing global market as it does not bhave the financial capacity to subsidize the cost of premium motor spirit (PMS) otherwise known as petrol. Minister of State for Petroleum Resources, Chief Timipre Sylva, disclosed […]
By Olatunde Dodondawa There is an indication that the Nigerian Labour Congress may be against fuel subsidy removal as it warns the Petroleum Products Pricing Regulatory Agency (PPPRA) not to remove price cap on premium motor spirit (PMS) otherwise called petrol until domestic refining capacity improves. In a letter signed […]
By Olatunde Dodondawa Petroleum Products Pricing Regulatory Agency (PPPRA) has stated that marketers lack the power to determine the pump price of premium motor spirit (PMS) otherwise called petrol. There were reports that marketers are now free to determine the pump price of petrol due to full deregulation of the […]
By Olatunde Dodondawa There are strong indications that the provision of N450billion for fuel subsidy in the year 2020 budget may be inadequate because the Federal Government has already spent over N15.6billion for subsidy on premium motor spirit (PMS) otherwise called petrol in just seven days. According to investigation by the Saturday Tribune, […]
