Tags : PMS

Fallen Truck: FRSC Advises Motorists To Take Alternative Road

The Federal Road Safety Commission (FRSC) has called the attention of the public, especially motorists to a fallen fuel truck loaded with Premium Motor Spirit (PMS, Petrol) in front of the British American Tobacco (BAT) industry along the Lagos-Ibadan Expressway. A Statement by the Public Education Officer in the State Sector Command of the FRSC, […]

FG Raises Concern Over Possible Scarcity Of Petrol

The Federal Government has raised concerns about the possibility of scarcity of Premium Motor Spirit (PMS), also known as petrol, in the country. The Minister of State for Petroleum, Mr Timipre Sylva, raised the concern on Monday, February 1, 2021, at a late-night meeting between the Government and leaders of the organised labour. Channels TV […]

New Fuel Price and its downstream implications for Nigerians

Some days ago, the Petroleum Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, which currently imports almost all of Nigeria’s petrol announced that it has adjusted the ex-depot price of Premium Motor Spirit, also known as petrol, from ₦147.67 to ₦155.17. According to PREMIUM TIMES, a memo signed on Wednesday, […]

New Fuel Price And Its Downstream Implications For Nigerians

Some days ago, the Petroleum Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, which currently imports almost all of Nigeria’s petrol announced that it has adjusted the ex-depot price of Premium Motor Spirit, also known as petrol, from ₦147.67 to ₦155.17. According to PREMIUM TIMES, a memo signed on Wednesday, […]

New PSM Pump Price: IPMAN Says Nigerians Should Be Ready

The National Operation Controller, Independent Petroleum Marketers Association of Nigeria, Mr Mike Osatuyi, has said Nigerians should expect to pay more for the pump price of petrol with the increasing price of crude oil in the global market. Mr Osatuyi who stated this in an interview with Newsmen said the latest increment of petrol ex-depot […]

FG May Reduce PMS Pump To ₦130

There are indications that the Federal Government may reduce the pump price of the Premium Motor Spirit (PMS) also known as petrol from N145 to N130. The Nation Newspaper reports that President Muhammadu Buhari may have approved the reduction of the fuel price following a presentation by the Minister of State on Petroleum Resources, Chief […]