The Department of Petroleum Resources (DPR) in Katsina State has threatened to sanction any filling station found selling the product above the government regulated price of N125.
President Muhammadu Buhari on Wednesday approved cut in price of premium motor spirit (PMS), commonly known as petrol to N130, from the current N145 per litre.
The Nigerian Red Cross officials have rescued a young girl from the rubble at the Abule-Ado explosion site in Amuwo-Odofin Local Government Area.
The Lagos State government has announced N2billion relief fund for the victims of the Abule-Ado explosion in Amuwo Odofin Local Government Area.
The governor of Ogun State, Dapo Abiodun, has commiserated with the people and government of Lagos State over the unfortunate explosion that claimed scores of lives in Lagos yesterday.
Lagos State governor Babajide Sanwo-Olu has described the Abule-Ado explosion as a situation he has never seen before.
Lagos State Governor Babajide Sanwo-Olu and his deputy Obafemi Hamzat are currently at the scene of the explosion at the Abule-Ado area in Amuwo Odofin Local Government Area of the state.
Oil plunged about 20 percent Monday after top exporter Saudi Arabia made deep price cuts following a failure by OPEC and its allies to strike a deal to support energy markets.
Oil prices plunged by almost a third Monday, the biggest drop since the 1991 Gulf War, as top exporter Saudi Arabia launched a price war after Russia blocked a bid to cut output.