FG Directs Marketers to Cut Petrol Prices Following Global Oil Price Drop
The Federal Government has directed petroleum marketers to immediately reflect the recent decline in global crude oil prices by reducing the pump prices of Premium Motor Spirit (PMS) and other petroleum products. The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, gave the directive on Monday at the 2026 Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) General Counsel and Legal Advisers Forum in Abuja. Speaking on the theme, "Beyond Compliance: Certainty and Investment Confidence in Nigeria's Petroleum Sector," […]