Premium Motor Spirit

    Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved a new freight rate for transporters to alleviate the challenges associated with the distribution of petrol nationwide.   The agency noted…

Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, t The Nigerian National Petroleum Corporation (NNPC) has ruled out any increment in the ex-depot price of petrol in March, 2021,…

The Technical Committee on Premium Motor Spirit (PMS) Pricing Framework has submitted its report to the Federal Government and the Organised Labour. Sen. Chris Ngige, Minister of Labour and Employment, made the disclosure while…

The Nigerian National Petroleum Corporation (NNPC), Thursday said an average supply of 745mmscfd of gas representing an increase of 8.60 per cent went to the power sector daily between October 2019 and October 2020. The supply, the…

The Federal Government on Tuesday announced the reduction of the Premium Motor Spirit (PMS) from N168 to N163. The information was disclosed by the Minister of Labour and Employment, Dr Chris Ngige, after meeting with the organised…

The Nigerian Labour Congress (NLC) has said it will commence an indefinite strike and a nationwide peaceful protest, from Monday, September 28, 2020, if the Federal Government fails to reverse the recent hike in the pump price of petrol and…

Nigeria Labour Congress and Trade Union Congress (TUC) are consulting civil society allies and relevant organs of Labour towards embarking on strike over hike in the price of Premium Motor Spirit (PMS), otherwise known as petrol, from N148…

By TAYO ELEGBEDE Following the deregulation of the downstream oil sector and the recent removal of subsidy on Premium Motor Spirit (PMS) known as petrol, the Ministry of Petroleum Resources has come out to say the Federal Government…

Despite the increasing vandalism on the pipeline network of the Nigerian National Petroleum Corporation (NNPC) across the country, Nigeria recorded crude oil and gas export sales of $434.85million in January 2020, representing 94.30 percent…

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from N125 to N123.50k per litre effective April 1. Executive…