The federal government has admitted to adjusting the pump price of petrol to cater for the impact of high AGO diesel price on the cost of product
The Authority reassured of petrol sufficiency, with available volume of over 1.6 billion litres as of 26th January 2023 both on land and marine, while the NNPC has additionally made firm commitment to supply more volume of PMS for the months ahead to guarantee national energy security and nationwide availability at the government regulated price.
According to the agency, the ongoing government effort to rehabilitate strategic Nigerian roads ahead of the rainy season has necessitated rerouting of tanker trucks conveying petroleum products to alternative roads, therefore increasing transit time and associated cost of product transportation. “As a medium to long term measure, cost-efficient means of transportation, including Autogas conversions and pipeline rehabilitation, are being implemented. This will be complemented by end-to-end process automation across the value chain.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PDP sabotaging fuel supply to blackmail federal govt - Tinubu insistsThe presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu has again accused the Peoples Democratic Party (PDP) of sabotaging
Read more »
Federal Govt Faults Atiku Over Ajaokuta Steel CommentsFederal government has taken a swipe at the presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar for promising to resolve all the
Read more »
Clergymen protest sealing of church by Abia govtClergymen from the Apostolic Christian Church Mission took to the street of Aba, the commercial hub of Abia State to protest the sealing of the church's headquarters on 34 Omuma road Aba.
Read more »
Lagos govt mandates health insurance for residentsThe Lagos State government has said that health insurance is compulsory for all residents of the state regardless of their socio-economic status.
Read more »
Clerics Protest Closure of Church by Abia Govt – THISDAYLIVE
Read more »
Edo govt to shut churches, mosques without soundproofThe Edo State government has said that churches, mosques, event centres, clubs, lounges, and other public spaces that do not meet the state’s guidelines on noise pollution, including installation of soundproof materials will be sealed by March 31.
Read more »