Aliko Dangote's refinery has launched its first Premium Motor Spirit (PMS), promising fuel quality on par with global standards. This development aims to stabilize Nigeria's economy by reducing reliance on imports, saving foreign exchange, and alleviating fuel shortages amid ongoing financial...
The Dangote Petroleum Refinery has announced it will export its petrol products if the Nigerian National Petroleum Company Limited (NNPCL) and local marketers fail to patronize it. The refinery, with a capacity of 650,000 barrels per day, has begun producing Premium Motor Spirit (PMS) to meet...
The NMDPRA has warned petrol stations against selling Premium Motor Spirit (PMS) at inflated prices nearing ₦1,000 per litre. This measure aims to protect Nigerians from price gouging, particularly in light of the significant price differences between NNPCL and independent marketers.
The...
TWENTY four trucks of premium motor spirit popularly known as petrol said to have been intercepted by men of the Ogun 1 Customs Command in conjunction with operatives of the Joint Border Operation may have stirred …
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NIGERIA spent N836.67 billion on the importation of Premium Motor Spirit, PMS, also known as petrol, and other petroleum products in the second quarter of 2019, according to data obtained from the National Bureau of Statistics, NBS.
Data obtained from the NBS Foreign Trade …
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Over 10 million litres of Premium Motor Spirit (PMS), better known as petrol is now being saved due to the ongoing partial border closure ordered by the Federal Government codenamed “Exercise Swift Response.”
Apart from the tremendous success...
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The Nigeria Bureau of Statistics (NBS) has released the Premium Motor Spirit (Popular known as Petrol) price watch for the month of January 2019.
The NBS report shows that the average price paid by consumers for PMS was ₦190.9 year on year, which represents a decrease by
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The Nigeria Police Force has paraded 13 suspects arrested for criminal conspiracy, pipeline vandalism and theft of product of Premium Motor Spirit, PMS.
In a statement by the Force Public Relations Officer, ACP Jimoh Moshood, the suspects were arrested in Kaduna, Niger and Delta States. The...
The Nigerian National Petroleum Corporation (NNPC) On Tuesday disclosed that a new window had been opened for petroleum product marketers to access forex to enable them import fuel.
The group general manager, Group Public Affairs Division of the NNPC, Mr Muhammad Garba-Deen said this while...
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