Petrol Price Increase at Depots

06/07/2023 8

Report says prices of petrol at depots have increased more than 100 percent following the official removal of subsidies since May 29.

National Controller Operations, Mike Osatuyi, on Tuesday, disclosed that many downstream businesses were currently struggling to stay afloat as a result of the hike in prices of products at the depots.

Osatuyi said, the price of a 33,000 metric tons tanker of petrol that was sold at N8m before subsidy removal now goes between N22m and N23m depending on the location of the filling station from the depots.

Written by: Helen Obih

Rate it

Sports News

Osimhen Receives FIFA Award

Super Eagles striker Victor Osimhen has received yet another honour from the world football body, FIFA. This was After being conferred with the National Award of Member of the Order of the Federal Republic by former President, Muhammadu Buhari (retd.), Osimhen won Golden Boot award along with the Silver Ball for his impressive performances as the tournament’s top scorer.

06/07/2023 15