Monday s price hike is the fourth upward revision in just four weeks. After this 4th hike, cooking gas refills have become expensive by Rs 125 each for households
Indian state refiners' daily gasoline sales in February rose by 1.5% from a year earlier, its slowest pace of growth in six months, preliminary industry data showed, as record-high retail prices hit consumption.
Emmanuel Addeh in Abuja
The Nigerian National Petroleum Corporation (NNPC) is set to deliver an additional 5,000 megawatts of electricity to the national power grid once the ongoing gas projects throughout the country is completed.
NNPC Group Managing Director, Mallam Mele Kyari, who spoke during a virtual event organised by the Nigerian Gas Association (NGA), themed: “Powering Forward: Enabling Nigeria’s Industrialisation Via Gas,” said the NNPC was committed to fulfilling President Muhammadu Buhari’s directive to boost domestic gas supply.
Represented by the Chief Operating Officer, Gas and Power, Mr. Yusuf Usman, Kyari stated that progress was being made on several of the projects, including the NLNG Train 7, with a foreign direct investment of between $3 billion and $5 billion.
The average price paid by consumers for Premium Motor Spirit (PMS) popularly known as petrol increased by 12.88 per cent in January, 2021, compared to the price paid in January, 2020, according to a report released recently by the National Bureau of Statistics (NBS). However, the report showed that petrol price decreased by -0.97 per […]