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. 

Seven Major Marketers Get Approval to Sell Dangote Fuel The seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products produced by the $20bn plant. Dealers under the aegis of the Major Oil Marketers...

Dangote Refinery Receives First Shipment of Crude Oil, to Commence Production The are indications that the Dangote Refinery located in Lagos is set to commence production of refined petroleum products. According to industry sources and tanker tracking Data, S&P Global, the much expected production of refined...

FG, Politicians Frustrate Oil Sector Growth - Report   The incessant scarcity of Premium Motor Spirit, popularly called petrol, vandalism of pipelines, oil theft and several other menaces in the oil and gas sector are due to the gross mismanagement of the industry by the Federal...

Nigeria Needs $2.7bn Investment To Stabilise Petroleum Products Supply — NNPC   The Nigerian National Petroleum Corporation, NNPC, yesterday, predicted that the nation needed about $2.7 billion worth of investment to enable it meet the rising demand for petroleum products. In his keynote address at the 15th...

Nigeria’ll Export Petrol In Two Years – NNPC       The Nigerian National Petroleum Corporation (NNPC) on Tuesday said refined petroleum products would be exported from Nigeria to other countries in the next two years. Nigeria currently imports refined petroleum products such as petrol, kerosene, diesel, etc, while...