Tag: fuel

FG May Increase Pump Price of Fuel As Petrol Landing Cost Hits N180 Per Litre

Apr 17, 2019

—

by

Starnews NG

in News

The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said on Tuesday. Kachikwu said the rise in global crude oil prices after the 2016 hike in petrol price brought back subsidy. Recalling…