premium motor spirit

  1. IPMAN Directs Members to Exclusively Lift Fuel from Dangote to Lower Costs

    Nigeria IPMAN Directs Members to Exclusively Lift Fuel from Dangote to Lower Costs

    IPMAN has instructed members to exclusively source Premium Motor Spirit (PMS), AGO, and DPK from Dangote Refinery, ending plans to import fuel. This new agreement aims to reduce fuel prices and ensure stable supply across Nigeria, promoting local refining and job creation. The Independent...
  2. Dangote Vows Superior Petrol Quality as Refinery Launches First Supply

    Nigeria Dangote Vows Superior Petrol Quality as Refinery Launches First Supply

    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...
  3. Dangote Refinery to Export Petrol if NNPCL Doesn't Engage

    Nigeria Dangote Refinery to Export Petrol if NNPCL Doesn't Engage

    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...
  4. NMDPRA Vows to Shut Down Petrol Stations Exploiting Nigerians

    Nigeria NMDPRA Vows to Shut Down Petrol Stations Exploiting Nigerians

    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...
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    Business Petrol to sell for N230 per litre in March –Marketers – New Telegraph

    https://www.newtelegraphng.com/petrol-to-sell-for-n230-per-litre-in-march-marketers/
  6. Nigeria Business News

    Business FG realizes N4bn from border closure – Vanguard News

    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 … Read more via Vanguard News – https://ift.tt/2M4ijmo Get more: Nigeria...
  7. Nigeria Business News

    Business Nigeria spends N837bn on fuel import in 3mths – Vanguard News

    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 … Read more via...
  8. Nigeria Business News

    Business Border closure:Government saves N2 billion daily from smuggled 10 million litres of petrol – The Guardian Nigeria News

    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... Read more via The Guardian Nigeria News –...
  9. Nigeria Business News

    Business Average price of PMS decreases by 23.7% in 2018 – Nairametrics

    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 Read more via...
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    Police parades 13 suspected oil thieves – Daily Post Nigeria

    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...
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    Business NNPC Opens New Forex Window For Oil Marketers

    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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