Nigeria spent a total of N1.79trillion on the importation of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel) in the fourth quarter of 2022 (Q4,2022), consisting of N1,558.49billion (Petrol) and N220.47 billion (Diesel) and representing a share of 33.16%…
The National Bureau of Statistics in its Premium Motor Spirit (petrol) price watch for January 2023 stated that on average, Nigerians paid the sum of N257.12 per litre for the product. The report noted that the average price in January…
Mr Timpre Sylva, Minister of State for Petroleum Resources, says Federal Government has taken bold actions to stop the ongoing petrol crises across the country, while assuring massive distribution of the product.. Sylva, gave the assurance after his tour of…
Scores of youths and students in Ibadan, Oyo State have staged another protest against the lingering scarcity of naira notes and petroleum. The Monday morning protest took off from the front gate of the University of Ibadan on Monday. The…
Against the increasing fuel scarcity across the country, the Nigerian National Petroleum Company Limited (NNPC Ltd) says it has two billion litres of Premium Motor Spirit (PMS), popularly known as petrol, in stock. In a statement on Thursday, Mr Adeyemi…
The National Bureau of Statistics (NBS), says consumers paid N195.29 for a litre of Premium Motor Spirit (Petrol) on the average in October 2022. It stated in its “Premium Motor Spirit (Petrol) Price Watch” for October 2022 that the average…
popularly called petrol, dipped by 5,481,239 litres, according to industry data released on Tuesday. Although the drop in PMS stock was marginal, queues for petrol persisted in Abuja, Nasarawa, Niger and some other northern states. Figures obtained fromThe Nigerian National…
Motor Spirit (PMS) at N180 per litters Association of Nigeria (IPMAN) has said that selling Premium IPMAN Chairman of Ibadan Depot, which covers Oyo and Osun states, Mr. Mutiu Bukola, said this while speaking with newsmen on Wednesday. re is…
The Nigerian Ports Authority (NPA) on Thursday said that 25 ships arrived the Lagos Port Complex and were discharging petrol and other items. The NPA, in its daily Shipping Position, said the ships were discharging bulk wheat, general cargo, frozen…
The Federal Government said it is focusing on exploitation of gas to close the gap that can be created by less use of petrol, diesel and other fossil fuels, following the gradual exit from fossil fuels. The Chairman, Board of…
