• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, July 26, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Oil and Gas

Buhari reduces pump price of petrol to N162.44 per litre

by NewsNet Nigeria
5 years ago
in Oil and Gas
Another fuel hike as NNPC increases ex-depot price to N155.17
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Nigerian government has ordered the reduction of pump price of petrol from N168 per litre to N162.44 per litre.

Minister of Labour and Employment, Chris Ngige said the reduction would take effect from December 14, 2020.

Ngige disclosed this while speaking with journalists at the end of a meeting with labour leaders which began at 9pm on Monday and ended at 1:30 am on Tuesday.

He said a technical committee has been set up by the larger house to ensure price stability in the oil industry.

The minister disclosed that the committee, which will report back to the lager house on the 25 of January next year, will be appraising the market forces and every other thing that will make for stability in the industry.

Premium Motor’s Spirit [PMS] currently sells at N168, after it was increased by the Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, NNPC.

Source: DAILY POST

Previous Post

Okowa tasks Judiciary on justice delivery

Next Post

Angry mob set ablaze 3 suspected armed robbers in Delta

MORE NEWS

Gbaramatu Prime Minister, Okirika, Commends Senator Ned Nwoko Over 13% Derivation Advocacy
Oil and Gas

Gbaramatu Prime Minister, Okirika, Commends Senator Ned Nwoko Over 13% Derivation Advocacy

July 25, 2025
Oborevwori Applauds Seplat Energy’s CSR Initiatives, Assures Of Conducive Environment For Investors
Oil and Gas

Oborevwori Applauds Seplat Energy’s CSR Initiatives, Assures Of Conducive Environment For Investors

July 23, 2025
Niger Delta Youth Leader Urges Tinubu, NNPCL to Renew Tantita Pipeline Surveillance Contract
Oil and Gas

Niger Delta Youth Leader Urges Tinubu, NNPCL to Renew Tantita Pipeline Surveillance Contract

July 20, 2025
UPU Withdraws Opposition to Tantita’s Operations in Urhobo Land
Oil and Gas

Oil Pipeline Surveillance: Tantita Changing the Narratives

July 18, 2025
Next Post
Strange disease in two Delta communities not Covid-19, Lasa Fever – Anonymous

Angry mob set ablaze 3 suspected armed robbers in Delta

Leave Comment

RECENT STORIES

Gbaramatu Prime Minister, Okirika, Commends Senator Ned Nwoko Over 13% Derivation Advocacy

Gbaramatu Prime Minister, Okirika, Commends Senator Ned Nwoko Over 13% Derivation Advocacy

July 25, 2025
Delta Assembly Advances New Community Corps Agency Bill, Condoles Buhari’s Death

DOPF Seeks Oborevwori’s Swift Assent to Community Security Corps Agency Bill, Applauds Delta Assembly for “Bold and Timely Legislative Action”

July 25, 2025
Guwor Urges Lawmakers to Prioritise Constituents’ Interests as DTHA Resumes Third Session

Delta Lawmakers Embark on Six-Week Recess as Speaker Guwor Reaffirms Commitment to Vibrant Legislature

July 25, 2025
APC NEC Meeting: Senator Ned Nwoko, Delta Delegation Attend as Party Appoints Yilwatda Chairman

APC NEC Meeting: Senator Ned Nwoko, Delta Delegation Attend as Party Appoints Yilwatda Chairman

July 25, 2025
Warri Urhobo APC Members Hold Unity Meeting, Adopt 8-Man Leadership Council

Warri Urhobo APC Members Hold Unity Meeting, Adopt 8-Man Leadership Council

July 24, 2025

TRENDING STORIES

  • Solidarity Walk for Tinubu, Omo-Agege a Huge Success – Erhire Counters Oharisi’s Boycott Claims

    Solidarity Walk for Tinubu, Omo-Agege a Huge Success – Erhire Counters Oharisi’s Boycott Claims

    0 shares
    Share 0 Tweet 0
  • Ogboru Defects to ADC in Surprise Political Move, Sparks Realignment Talks in Delta

    0 shares
    Share 0 Tweet 0
  • Omo-Agege Rejected in Ughelli North as One Million-Man March Flops — Oharisi

    0 shares
    Share 0 Tweet 0
  • Dafinone: Creation of Ethiope State Will Correct Historical Injustice, Empower Urhobo Nation

    0 shares
    Share 0 Tweet 0
  • Warri Urhobo APC Members Hold Unity Meeting, Adopt 8-Man Leadership Council

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.