3 Sep 2020
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has reiterated that the federal government is no longer fixing the pump price of petroleum products in the country.
2 Sep 2020
The Petroleum Products Marketing Company (PPMC) has increased the price of petrol from N138.62 per litre to N151.56 per litre. "Please be informed that a new product price adjustment has been effected on our payment platform," PPMC said in a memo to industry stakeholders. "To this end, the price of premium motor spirit (PMS) is…
22 Jul 2020
Leaders of the Nigerian Labour Congress (NLC) have frowned at the recent increase in the pump price of petrol from N121 to N143 per litre, describing the hike as exploiting Nigerians to enrich a few oil marketers.
17 Jun 2020
The Department of Petroleum Resources (DPR) , Osogbo Field Office, has warned members of the Independent Petroleum Marketers Association (IPMAN) against selling petrol above the official pump price.
5 Jun 2020
The Petroleum Products Pricing Regulatory Agency (PPPRA) has removed the cap on the price of Premium Motor Spirit (PMS) also known as petrol.
7 May 2020
Though the Petroleum Products Pricing Regulatory Agency’s (PPPRA) is officially empowered to regulate the price of petroleum prices in the Nigerian National Petroleum Corporation (NNPC) yesterday took over the role by reducing the pump price of the Premium Motor Spirit otherwise called petrol from N113.28k per litre to N108.00K per litre across all its products loading facilities as well as in its through put operations.
16 Apr 2020
The oil marketers, under the umbrella of Major Marketers Association of Nigeria (MOMAN), on Thursday called for full price liberalisation of Premium Motor Spirit (PMS), commonly known as petrol, instead of price modulation.
19 Mar 2020
Some Nigerians on Thursday in Lagos commended the Federal Government for reducing the pump price of Premium Motor Spirit (PMS), otherwise known as petrol, from N145 to N125 per litre.
18 Mar 2020
Nigeria President Muhammadu Buhari on Wednesday approved the reduction of the pump price of the Premium Motor Spirit (PMS) also known as petrol. "Mr President has approved that Nigerians should approve from the reduction in the price of PMS which is a direct effect of the crash in global crude oil prices," Nigeria's state for…
24 Oct 2017
The Federal Government is considering a review of pricing policy for Premium Motor Spirit (PMS) also known as petrol, to save the Nigerian National Petroleum Corporation (NNPC) from the burden of under-recovery in the downstream sector.
20 Oct 2017
According to a report on the NBS website, the Bureau also listed states with the highest and lowest average price of petrol in comparison with the approved government price of N145.
13 May 2017
The Chairman of the Committee, Rep. Raphael Igbokwe, gave the directive in an interview with the News Agency of Nigeria (NAN) on Saturday in Lagos.