In its efforts to increase revenue in this economy downturn, the Federal Government may begin to collect tax from Nigerians on petrol, diesel, kerosene and other petroleum products they consume. In a report made available to the Ministry of Finance, the Petroleum Products Pricing Regulatory Agency, PPPRA, disclosed taxation of petroleum products is revenue potential…
The pump price of Premium Motor Spirit commonly called petrol has now been increased from the official N86 per litre. The product will henceforth now go for N145 per litre, Aproko247 has learnt. This is because the Federal Government has finally put an end to the fuel subsidy regime. It would be recalled that last…
Following the drop in the price of crude oil in the global market, the Federal Government has announced a reduction in the price of Premium Motor Spirit, PMS, commonly called petrol in Nigeria. The product has been sold for N97 since 2012 when President Goodluck Jonathan announced the removal of subsidy from petrol. The announcement…
Following the drop in the price of crude oil in the global market, the Federal Government has announced a reduction in the price of Premium Motor Spirit, PMS, commonly called petrol in Nigeria. The product has been sold for N97 since 2012 when President Goodluck Jonathan announced the removal of subsidy from petrol. The announcement…