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 […]
Tag: Petrol
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 […]
FG Denies Role in Latest Petrol Price Hike as NNPCL Cites Global Market Pressures
The Federal Government has distanced itself from the recent hike in petrol prices, following the Nigerian National Petroleum Company Limited’s (NNPCL) decision to raise the […]
Nationwide Outrage as Petrol Prices Soar to Record Highs, NLC Demands Immediate Reversal
The recent hike in the price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL) has sparked widespread backlash, with the […]
Nigerians React as NNPCL Increases Petrol Pump Price to Over N1,000 per Litre
The full deregulation of Nigeria’s downstream oil sector appears to have taken off, as the Nigerian National Petroleum Company Limited (NNPCL) raised petrol pump prices […]