PMS

Arewa youths condemn increase in fuel pump price

The Arewa Youth Forum, AYF, has condemned in strong terms the increase in pump price of Premium Motor Spirit, PMS, popularly known as petrol. In a statement issued by its National President, Ahmed Mohammed Zagi and made available to newsmen,…

Marketers demand monitoring of PMS distribution

Available data has shown that average daily petrol consumption in Nigeria has fallen by 28 per cent since President Bola Tinubu scrapped subsidy on the fuel at the end of May. Average daily petrol consumption fell to 48.43 million litres…

Oyo Govt to set interim management team for PMS

Oyo State Government on Thursday expressed its readiness to set up an interim management team for the Park Management System(PMS) in the state. This is contained in a communique issued at the end of stakeholders’ meeting on repositioning of activities…

PMS consumption hits 80m litres daily

The consumption of Premium Motor Spirit, popularly called petrol, has risen to about 80 million litres daily, pushing up subsidy on the commodity to an estimated N484billion monthly, going by latest figures from the Nigerian National Petroleum Company Limited. An…

NMDPRA blames cross-border smugglers for scarcity of PMS

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) during the weekend attributed the lingering fuel scarcity in the country to a disruption in the product distribution chain caused by activities of cross-border smugglers. In a statement on Friday, the…