Petrol prices have skyrocketed in many parts of Nigeria, with independent oil marketers selling Premium Motor Spirit (PMS) at rates ranging between N900 and N1,000 […]
Tag: Petrol
Petrol Scarcity Worsens as Prices Surge to N780 Per Litre Amid Depot Shortages
Petrol scarcity in Nigeria has worsened, particularly in Lagos, Ogun, and other states, as independent marketers began lifting the product from private depots at N780 […]
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 […]
Petroleum Marketers Warn of N1,500 Per Litre Petrol Amid Supply Crisis
Petroleum marketers have raised concerns that Premium Motor Spirit (PMS), commonly known as petrol, may not be sold below N1,500 per litre under current conditions. […]
MEMAN Reveals True Landing Cost of Petrol: N1,117/litre
The Major Energies Marketers Association of Nigeria (MEMAN) announced on Wednesday that the landing cost of Premium Motor Spirit (PMS), also known as petrol, was […]
Customs Seize 36,875 liters Petrol Consignment Headed to Cameroon
The Adamawa/Taraba Area Command of the Nigeria Customs Service (NCS) has seized 85 drums of petrol, each containing 200 liters, being illegally transported to Cameroon. […]
Petrol Scarcity Spreads to Lagos, Prices Surge Amid Long Queues
The petrol scarcity that began six days ago in the Federal Capital Territory (FCT) has now spread to Lagos, causing motorists to endure long waits […]
Customs Seize 26,950 Litres of Smuggled Petroleum Worth N19m
The National Coordinator of Operation Whirlwind of the Nigeria Customs Service (NCS), Comptroller Kehinde Ejibunu, announced the seizure of 26,950 litres of petroleum products being […]
Federal Government Raises Alarm Over Increased Petrol Smuggling Amid Price Disparities
The Federal Government has raised concerns over the escalating smuggling of Premium Motor Spirit (PMS), commonly known as petrol, due to a significant price hike […]
Independent Petroleum Marketers Concerned as Petrol Prices Soar
Independent petroleum marketers are expressing alarm over the steep rise in the price of Premium Motor Spirit (PMS), commonly known as petrol, at private depots, […]