Premium Motor Spirit
Scarcity of Premium Motor Spirit (PMS) worsened in Abuja, yesterday, amid signs the trend could spread across the country.
There are indications that the price of Premium Motor Spirit (PMS) may hit N320 per litre later this month as the Federal Government has concluded plans to remove subsidy on the product as part of the ongoing implementation...
Between May 2020 and the same period this year, Nigerians consumed about ₦2.336trillion worth of premium motor spirit (PMS) also called petrol, the Nigerian National Petroleum Corporation
The Nigerian National Petroleum Corporation (NNPC) has spent about N364 billion transporting Premium Motor Spirit (popularly known as petrol) from abroad, adding at least N2...
As subsidy costs weigh down government interventions due to rising consumption of premium motor spirit (PMS) occasioned by smuggling
The Minister of State for Petroleum Resources, Timipre Sylva has called for synergy among agencies in the country to tackle the increasing smuggling of Premium Motor Spirit (PMS)
There are indications that the Federal Government might face further revenue crisis after staking about N720 billion subsiding Premium Motor Spirit (popularly known as petrol) as crude oil price maintains....
Minister of State for Petroleum, Timipre Sylva said the Federal Government will retain the pump price of Premium Motor Spirit (PMS) otherwise called petrol at N162 per litre in June. This is coming days after the 36 state governors mulled a pump price of N385 per litre. The minister said in Abuja Friday that despite…
The Department of Petroleum Resources (DPR) has signed an agreement with over 27 operators in the downstream sector to check fluctuations in the pump price of Premium Motor Spirit
Despite not being captured in the 2021 budget, an average of N155 billion is being paid by the Federal Government to subsidise 2.9 billion litres of Premium Motor Spirit...
20 Dec 2020
Petroleum arketers in some parts of the country have failed to adjust the pump price of Premium Motor Spirit (PMS) better known as petrol to N162,
20 Nov 2020
Industry stakeholders, yesterday, expressed concerns over the state of Nigeria’s petroleum downstream and of other African countries in the face of emerging global issues.