Premium Motor Spirit

The Nigerian National Petroleum Corporation (NNPC) says that the new pump price of Premium Motor Spirit (PMS) also known as petrol is N125 and will take effect from Thursday, March 19. NNPC at briefing Wednesday in Abuja by its Group…

UMORU ABDULKADIR The nation’s premium motor spirit (PMS) importation in the third quarter of 2019 slumped to 5.09 billion litres as against the 5.60 billion litres imported in the second quarter period ended June 30, 2019. The drop…

The recent closure of Nigeria’s borders has significantly led to a reduction in the smuggling of Premium Motor Spirit, popularly known as petrol, out of Nigeria, the Nigerian National Petroleum Corporation has said. In July this year, The…

The Department of Petroleum Resources (DPR), has allayed the fear of possible fuel scarcity, as it assured that there is enough level of petroleum products that will sustain the country till the year runs out. There had been fears of…

A tanker laden with about 40,000 litres of Premium Motor Spirit on Thursday rammed into a moving caterpillar, the Anambra State command of the Federal Road Safety Commission has revealed. Mr Andrew Kumapayi, Sector Commander of FRSC in…

The Nigerian National Petroleum Corporation (NNPC) has raised an alarm on the increasing incidents of pipeline vandalism across the country, saying in October last year its pipeline network suffered a 42.9 per cent increase in the…

The Nigerian National Petroleum Corporation (NNPC) imported 15,874,734.82 metric tons of Premium Motor Spirit (PMS) otherwise called petrol through the Direct Sales Direct Supply (DSDP) arrangement in 2018. The figure shows 62%…

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has appealed to motorists and other consumers of petroleum products across the country not to engage in panic buying of products over the…

The National Bureau of Statistics (NBS) says the average price paid by consumers for Premium Motor Spirit, (Petrol) decreased to N150.2 in May from N151.4 paid in April. The NBS, in its “Premium Motor Spirit (Petrol) Price Watch’’…