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Showing posts from July 19, 2022

NNPC increases pump price of petrol to N179 per litre

     NNPC increases pump price of petrol to N179 per litre The Nigerian National Petroleum Company (NNPC) Limited has approved an upward review in the pump price of Premium Motor Spirit (PMS) from N165 per litre to N179 per litre, effective Tuesday, July 19. NNPC in a notice to fuel marketers directed them to change the petrol price on pumps to the new price effective today. This was even as the company equally increased the ex-depot price from N148.17 to N167 per litre. This came after weeks of petrol scarcity resurfaced across the country as fuel retailers were adopting different price bands to force unofficial deregulation attempts. Already, majority of filling stations in Lagos have adopted different price models. While some filling stations have changed the price on their meters to reflect the current price they are selling at, others have left theirs to show the approved retail price of N165 per litre but were selling above the displayed price, Guardian News re...

From N5K to N40K — Police slams an increment on the price of Character Certificate

         From N5K to N40K — Police slams an increment on the price of Character Certificate Nigerians travelling abroad, including students are now to pay N40,000 for a police character certificate, also known as a police clearance certificate, TheCable reports. This followed a new directive from the Nigeria Police High Command allegedly given earlier this month, directing the increment of the fees for PCC from N5,000 to N40,000. The increment is a 700 per cent increase from the original fee of N5,000. Before this official hike, the actual price was known as it could range from as low as N5,000 to as high as N100,000, depending on the police officer one approaches or the individual requesting for it. The PCC is a document issued by the Nigeria Police to certify that an individual does not have criminal record, criminal conviction or is trying to evade prosecution for crimes committed in the country. The document is largely sought by individuals, mostly youths, t...