THERE were indications, Monday, that stakeholders would soon emerge with a new price of petrol as the landing cost of the product rose from N151 to N180 per litre, due mainly to rising price of crude oil in the international market. The rise of crude oil price from $58 to[Read More…]
Tag: pump
Between Consumer and Petroleum Pump Price
Consumer spending is one of the main engines of economic growth, and its trajectory in the months ahead will be an important indicator of the Nigeria’s economic health. If the current trend continues, average daily spending could break through the bench mark on a routine basis, and thus denote a[Read More…]
Between fuel pump scam and Consumers
These digital fuel pumps are being used by filling station attendants to scam fuel buyers when you are buying into vehicle tank. It had happened to me several times but my suspicion was not confirmable and contestable. Yesterday, I opted to buy N2,500.00 fuel. The attendant programmed the pump accordingly.[Read More…]