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Awareness Cautionary CBN

GOVERNOR SANWO-OLU: NO NEED FOR VIOLENCE IN LAGOS STATE ®™√ INN Nigeria ©

The Lagos State Government has noted with deep concern the protests in some parts of the state this morning. The protesters are said to be angry over the Naira redesign and its consequent scarcity that has caused so much hardship and confusion among our people. Governor Babajide Sanwo-Olu believes there is no need for violence […]

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NNPC CLARIFIES INCREASE IN PMS EX-COASTAL, EX-DEPOT PRICE OF PMS ~ INN Nigeria

The Nigeria National Petroleum Corporation (NNPC) has said it is aware of a document widely circulating in the media purporting an increase in the PPMC Ex-Coastal Price and Ex-Depot Price (with collection) to N130 and N155.17 respectively We wishes to clarify that although there was a slight increase in the price based on the prevailing […]

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SOCIO-ECONOMIC RIGHT & ACCOUNTABILITY PROJECT (SERAP): WE CONDEMN THE HIKE OF PETROL PRICE FROM N147.67 PER LITRE TO N155.17 PER LITRE ~ INN Nigeria

The frequent hike in fuel price is entirely inconsistent with the Nigerian Constitution and international obligations and must be immediately reversed. We condemn the hike yesterday by The Federal Government Of Nigeria of ex-depot price of petrol from N147.67 per litre to N155.17 per litre. According to the Nigerian Constitution 1999 [as amended], Nigeria’s resources […]