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 […]
Tag: Petrol
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, […]
Petrol Supply Challenges Persist as NNPC Increases Volumes
The petrol supply challenges facing Nigeria have entered their third week, with some improvements noted following the release of more volumes by NNPC Limited. While […]
Federal Government Denies Return of Petrol Subsidy Amidst Claims
The Federal Government, through the Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited, has refuted claims of the reintroduction of subsidy on […]