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NBS: Petrol Importation Drops By 3.58bn Litres In One Year

According to data released by the National Bureau of Statistics (NBS), the importation of Premium Motor Spirit (PMS) also known as petrol has dropped by 3.5 billion litres in the past year. 

Petrol Landing Cost Drops to N981 per Litre

Petrol Landing Cost Drops to N981 per Litre The landing cost of petrol, has dropped to N981/litre, according to data released by the Major Energies Marketers Association of Nigeria on Thursday. The petrol landing cost, around N1,130 in previous weeks, came down by over N140 as...

NNPC Announces Estimated PMS Price for Dangote’s Refinery

The Nigerian National Petroleum Company (NNPC) has released a statement outlining the estimated prices of Premium Motor Spirit (PMS), also known as petrol, from the Dangote refinery. The prices are for NNPC's retail stations across the country, including Lagos and other states.

Managing Nigeria’s Petrol Prices: The Way Forward, By Usman Muhammad Salihu

Managing Nigeria’s Petrol Prices: The Way Forward By Usman Muhammad Salihu In Nigeria, fluctuating petrol prices have long been a source of frustration for citizens. It’s not just about the financial strain—it impacts daily life, from commuting to work to powering homes. The government faces immense...

Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Scarcity

Nigeria’s Daily Petrol Consumption Surges to 50m Litres Amid Scarcity   The average volume of petrol consumed in Nigeria has risen to 50 million litres per day, up from about 46.38 million litres in July 2023, two months after subsidy was removed by the current administration. The...

Petrol: Dangote Refinery to Supply 25m Litres Daily in Sept — NMDPRA

Petrol: Dangote Refinery to Supply 25m Litres Daily in Sept — NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote Refinery will supply the Nigerian market with 25 million litres of Premium Motor Spirit (PMS) daily beginning this September. The NMDPRA in...