Higher Pump Price Looms as Petrol Loading Cost Hits N950/litre The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased on Monday. It was gathered that marketers raised petrol and diesel prices at depots by N43 or 4.74 per...

Port Harcourt Refinery Back in Operation, Commences Petrol Loading   After one week of inactivity, the Port Harcourt Refining Company has resumed the trucking out of Premium Motor Spirit otherwise called petrol. Recall that the refinery abruptly stopped the loading of petrol a fortnight ago as no reason was...

Dangote Reduces Petrol Price to N899 Per Litre Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to N899.50k per litre. This was announced in a statement, on Thursday morning. The company said the decision was taken to “provide much-needed relief for...

Petrol Landing Cost Drops to N900/litre The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36, dropping to N900.28 per litre on Thursday. According to the latest data released by the Major Energies Marketers...

According to Operation Whirlwind Zone A, Nigeria Customs Service (NCS), the insecurity in Borno State has made it impossible for its operatives to tackle petrol smugglers of petrol. 

Customs Impounds 67,000 Litres of PMS Worth N84m   Amid the fuel hike in fuel price in Nigeria, Operation Whirlwind of the Nigeria Customs Service (NCS) has intercepted 67,000 litres of Premium Motor Spirit (PMS) otherwise known as petrol, valued at N84, 870,000,000 from smugglers. In a...