Nigeria has seen a significant decline in petrol imports following the removal of fuel subsidies by President Bola Tinubu in May 2023. According to the […]
Tag: Fuel
Aliko Dangote Presents First Sample of Petrol from Lagos Refinery, Commends Tinubu Administration
Aliko Dangote, President of Dangote Group, has presented the first sample of Premium Motor Spirit (PMS), commonly known as petrol, produced at his refinery. The […]
PETROAN President Warns of Imminent Petrol Price Hike Despite Dangote Refinery’s Commencement of Production
The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gilly-Harry, has issued a warning about a potential increase in the […]
Fuel Prices Soar to Nearly N1,000 Per Litre in Kano as Tricycle Fares Double
Fuel marketers in Kano State have dramatically increased prices, with a litre now selling between N900 and N950. This sudden hike has led commercial tricycle […]
Nigeria Spends $600M Monthly on Fuel Imports: Finance Minister Reveals Impact on Economy
Nigeria currently spends $600 million monthly on fuel imports, largely due to neighboring countries benefiting from the country’s fuel supplies, Finance Minister Wale Edun disclosed […]
Government Denies Importation of Dirty Fuel, Affirms Regulatory Measures
The Federal Government of Nigeria has refuted claims of importing dirty fuel into the country, following recent allegations by an official from Dangote Petroleum Refinery. […]
Federal Government Anticipates Reduction in Fuel Import Bill as Dangote Refinery Begins PMS Sale
The Federal Government may significantly reduce its N6.2 trillion annual fuel import bill with the imminent start of premium motor spirit (PMS) sales by the […]
Marketers Hints at Fuel Price Drop as Port Harcourt Refinery Set to Resume Operations
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN) have announced the possibility of a slight reduction […]
Lagos Residents Risk Lives to Scoop Fuel from Overturned Tanker!
In a risky endeavor, residents of Lagos State’s Ojuelegba area risked their lives to scoop fuel from a fuel-laden tanker that overturned on Friday. […]
IPMAN Urges Nigerians Against Panic Buying of Fuel
The Premium Motor Spirit (PMS) pump price may rise, according to sources, thus the Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians not […]