The pump price of petrol has skyrocketed to between N1,050 and N1,150 per litre, driven by an increase in crude oil prices and new pricing […]
Tag: Petrol
PENGASSAN Predicts PMS Price Hike Amid Rising Crude Oil Prices and Exchange Rate Challenges
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has warned that the price of Premium Motor […]
Petrol Price Drops to N965 Per Litre in Abuja
The retail price of premium motor spirit (PMS), popularly known as petrol, has dropped to N965 per litre at Nigerian National Petroleum Company (NNPC) outlets […]
Petrol Landing Cost Drops Marginally Amid Market Volatility
The Major Energy Marketers Association of Nigeria (MEMAN) has reported a slight decrease in the landing cost of Premium Motor Spirit (PMS) to N970 per […]
Nigeria Sees Drop in Petrol Landing Cost but Retail Price Spikes Amid Economic Pressures
The cost of landing Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria has dropped by 20.34 percent over the past three months, settling […]
Major Oil Marketers Challenge Dangote Refinery’s Legal Bid to Secure Market Monopoly in Nigeria’s Petroleum Sector
Three prominent oil marketers—AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited—have urged the Federal High Court in Abuja to reject Dangote […]
PETROAN to Offer Cheaper Petrol Through Imports, Pushes for Market Competition Amid Dangote Refinery Allegations
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) announced plans to import premium motor spirit (PMS), or petrol, at a price lower than […]
Dangote Refinery Begins Direct Petrol Supply to Marketers, Bypasses NNPC
The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), popularly known as petrol, directly to oil marketers, bypassing the Nigerian National Petroleum Company […]
Four Vessels Deliver 123.4 Million Litres of Petrol to Boost Nigeria’s Fuel Supply
No fewer than four vessels carrying a combined 123.4 million litres of Premium Motor Spirit (PMS), commonly known as petrol, arrived at Nigeria’s seaports between […]
Fuel Price Surge: Stations Adjust Prices Nationwide Amid Supply Crisis
Petrol stations across the country have raised their pump prices following the latest hike in supply costs. In the Federal Capital Territory (FCT), major and […]