PMS

‎ ‎Jubilation will fill the air in April for Nigerians as the price of petroleum products has dropped by N15. ‎ ‎The information was provided by Dangote Refinery, stating that marketers and customers buying PMS at N880 will now access a liter for N865 at their facility. ‎ ‎On Thursday morning, a notice was sent […]

  The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday reached an agreement with Dangote’s 65,000-barrel-per-day refinery to immediately commence the direct sale of Premium Motor Spirit from its members. The development was announced by IPMAN National President Abubakar Maigandi on Monday. Thereafter, in an interview with the National Secretary of IPMAN on Monday, James […]

  The general public has been urged to disregard a purported news headline-making wave: ‘NNPC lifts Dangote Petrol, sells at N897 per liter’ published by a national daily. This claim by the publication was denied by Dangote Group through its Chief Branding Communications Officer, Anthony Chiejina, in a statement on Thursday. It says NNPCL has […]

  Residents in various states in the country are currently lamenting over the hike in transportation following the recent increase in fuel pump prices. Commuters in Akwa-Ibom, Kaduna, and neighboring states are not left behind as long queues are seen in petrol stations, with others shut for not having products to sell. Reports show that […]

  Controversies trail the removal of subsidy from Premium Motor Spirit, popularly known as fuel as Nigerian National Petroleum Company (NNPC) Ltd says it sells half the price of PMS landing cost. Some documents were earlier seen where subsidy was included in the budget, but the presidency refuted the claims that subsidy was gone. A […]

  The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says the pump price of premium motor spirit (PMS), also called petrol, should be between N360 and N400 a litre, after the removal of subsidy. Festus Osifo, president of PENGASSAN, made this known while speaking to journalists on the sidelines of the association’s […]

    The Nigerian National Petroleum Company Limited, says it has two billion litres of Premium Motor Spirit, PMS, in stock. This is contained in a statement issued by Mr Adeyemi Adetunji, Executive Vice President, Downstream, NNPC Limited. Adetunji said the stock of over two billion litres is equivalent to over 30 days of sufficiency. […]

    Early hours of Thursday morning, two persons were burnt to death, three were injured and twelve vehicles were affected after a tanker explodes Ilo Awela area of Sango Tollgate on the Lagos -Abeokuta expressway. This incident was confirmed by the Public Education Officer, Federal Road Safety Corps (FRSC), Mrs Florence Okpe, to journalists […]

    The Major Oil Marketers Association of Nigeria, MOMAN, said the regulated N165 pump price for Premium Motor Spirit, PMS, also known as petrol, was no longer realistic. Chairman, MOMAN, Mr. Olumide Adeosun, stated this during a virtual consumer protection workshop for oil marketers by the Federal Competition and Consumer Protection Commission, FCCPC, in […]

  The Federal Government has officially confirmed the return of fuel subsidy, as the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, fixed the pump price of Premium Motor Spirit, PMS, also known as petrol, at N212.61 per litre, for the month of March. The new price, according to the PPPRA’s PMS guiding price, released to […]


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