PMS

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…

Smuggling: Customs intercepts 34,725 litres PMS

By Seun Ibiyemi The Federal Operations Unit Zone A of the Nigeria Customs Service (NCS) says it has intercepted 34,725 litres of smuggled petrol, 12 trailers of rice, among other contraband. The unit reported that it arrested nine suspects in…