Premium Motor Spirit

Federal Government has denied any increase in the price of Premium Motor Spirit popularly called petrol, despite the hike in the cost of the commodity across the country. The Minister of State for Petroleum Resources, Chief Timipre…

House of Representatives has called on the Nigerian National Petroleum Company Limited (NNPC) to ensure adequate supply of Premium Motor Spirit popularly called petrol within seven days. At the plenary on Tuesday, the House…

Independent Petroleum Marketers Association of Nigeria (IPMAN) has decried the “unsustainable” price the essential product is sold by private depot owners. Amid a fresh scarcity of Premium Motor Spirit  (PMS) known as petrol in major…

Independent Petroleum Marketers Association of Nigeria (lPMAN) has made known that subsidy on Premium Motor Spirit, popularly known as petrol, is no longer sustainable. Mike Osatuyi, the National Operations Controller of lPMAN, in an…

Federal Government has on Friday established a task force to halt in the smuggling of Premium Motor Spirit, also known as Petrol. To also help in determining the actual price of Premium Motor Spirit volumes consumed by each state in…

President Muhammedu Buhari has on Tuesday approved an 18-month suspension of the planned removal of subsidy on Premium Motor Spirit (PMS) products. Minister of State, Petroleum Resources, Timipre Sylva, disclosed this at a media briefing…

Nigerian National Petroleum Corporation (NNPC) has said there will be no increase in depot price of Premium Motor Spirit also known as petrol in May. Depot price is the price marketers buy products from depot owners, which then help…

Petroleum Products Pricing Regulatory Agency, (PPPRA) has fixed pump price of Premium Motor Spirit (PMS) also known as petrol, at N212.61 per litre, for the month of March. According to the new template which the regulatory agency…