At Last, Dangote Refinery Commences Production of PMS   After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its 650,000 barrels per day facility. At a press conference, owner...

Dangote Refinery, Tinubu Panel Agree On Sept Petrol Rollout   The Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira has reached an agreement with the Dangote Petroleum Refinery for the rollout of Premium Motor...

Fuel Queues Persist as Depots Ration Fuel   Many filling stations were shut in several states as the queues for Premium Motor Spirit, popularly called petrol, continued on Monday while depots rationed the volumes of PMS released to marketers. In Abuja, Niger and Nasarawa states, several filling...

Petrol: Oil Marketers Project N700bn Monthly Subsidy With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has increased to about N707bn, oil marketers projected on Monday. It was also gathered that as the Dangote...

Queues Persist as Petrol Hits N1,100/Litre in Abuja, Others   The queues for Premium Motor Spirit, popularly called petrol, persisted in Abuja and neighbouring states on Monday, as it also spread to Lagos and other regions across the country, with marketers stating that the situation might...

Why Petrol, Diesel Prices May Not Drop Despite Dangote Refinery — Experts Experts believe that prices of petrol and diesel may not crash significantly despite the commencement of production at the Dangote Petroleum Refinery. With the removal of subsidy on petrol in May 2023, the price...