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South African Fuel Prices To Rise By More Than 1.5 pct In July

South African Fuel Prices To Rise By More Than 1.5 pct In July

The retail price of petrol in South Africa will rise by more than 1.5 percent from July 4, while the price of wholesale diesel will rise by 1.8 percent, the energy department said on Sunday. The price of petrol will rise by 26 cents to 16.02 rand per litre in the commercial hub of Gauteng […]

South Africa’s Petrol, Diesel Pump Prices To Rise In September

South Africa’s Petrol, Diesel Pump Prices To Rise In September

The retail price of petrol and the price of wholesale diesel in South Africa will increase from Sept. 6, the energy department said. The price of petrol will rise by 67 cents to 13.72 rand per litre in the commercial hub of Gauteng province, while diesel will go up by 44 cents to 11.70 rand, […]

Fuel Price Hike: FG, Labour Meeting Ends In a Deadlock

Fuel Price Hike: FG, Labour Meeting Ends In a Deadlock

Talks between the Federal Government and organised labour on the increase in the pump price of petrol ended in a deadlock on Monday night. Briefing journalists at the end of the four-hour meeting on Tuesday morning, the Secretary to the Government of the Federation, Mr. Babachir Lawal, said the two parties had “a fruitful discussion […]

Mixed Reactions Trail New Pump Price Of Petrol

Mixed Reactions Trail New Pump Price Of Petrol

While some hailed the government decision, as they see it as a way of addressing the perennial fuel crisis in the country, others believe that the decision was hasty and insensitive. Meantime, petrol stations in most parts of the country have adjusted their pumps to the new fuel price of N145 per litre. This came […]

Govt Rules Out Fuel Price Increase, Return of Subsidy

Govt Rules Out Fuel Price Increase, Return of Subsidy

Fuel subsidy has not been re-introduced by the Federal Government, according to the Petroleum Products Pricing Regulatory Agency (PPPRA). And the government has not increased the prices of petrol. It remains at the regulated prices of N86 at Nigerian National Petroleum Corporation (NNPC) filling stations and N86.50 at order outlets. It was learnt that that […]