Expected Petrol Pump Price Down To N114.53 Per Litre   The expected open market price of Premium Motor Spirit, popularly known as petrol, has dropped to N114.53 per litre, N30.47 lower than the approved pump price of the product. The Economic Confidential reported on March 2, 2020...

Oil Marketers Want Dollar At N306 To Import Petrol   Oil marketers under the aegis of the Major Oil Marketers Association of Nigeria have said access to the dollar at N306 will enable them to resume importation of Premium Motor Spirit (petrol). The marketers also said there...

Fed Govt To Move Petrol, Cooking Gas By Rail   The Federal Government is working to ensure the movement of petrol and cooking gas by rail, the Petroleum Equalisation Fund Board, said on Wednesday. Poor maintenance and vandalism have left many government-owned fuel depots and pipelines idle...

Oil Marketers Want PoS Charge Exemption On Petrol   Oil marketers under the aegis of the Major Marketers Association of Nigeria have said it will be unfair for petrol dealers to be asked to pay N50 for transactions done on Point-of-Sale machines. The Chief Executive Officer and...

19.26bn Litres Of Petrol Imported In 2019 - PPPRA   The Nigerian National Petroleum Corporation was responsible for 99.61 per cent of the total 19.18 billion litres of petrol that was imported into Nigeria in 2019, the Petroleum Products Pricing Regulatory Authority said on Wednesday. A report...

Customs Tackle Smugglers, Seize 1,000 Litres Of Petrol Daily   Sixty days into the implementation of the directive on suspension of petrol to filling stations located 20 kilometres to the borders, over 60,000 litres of petrol have been seized from smugglers by the Nigeria Customs Service. The...