Tag

Oil and Gas

The pros and cons of sustaining Nigeria’s Petroleum Equalization Fund

In the last six months, the price of petrol (PMS) has been uniform across states in the country compared to kerosene (HHK) and diesel (AGO), data released by the National Bureau of Statistics data (NBS) revealed. The NBS data for December 2020 reveals that, apart from four states, namely, Kaduna, Abia, Kwara, and Katsina, the difference between the national average pump price of petrol and the prices across all the states is less than N5.