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.
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.
The Situation Room on Energy Sustainability, a coalition of civil society organizations, has commended the president of Dangote Group, Alhaji Aliko Dangote, on the resumption of Premium Motor Spirit (PMS) production in Nigeria for the first time in almost three decades.
Guinness Stops Importation of Premium Spirits to Reduce FX Exposure
Guinness Nigeria Plc, one of Nigeria’s leading beverage makers, plans to stop the importation and distribution of certain Diageo international premium spirits effective from April 2024, the company said in a statement.
The premium spirits include;...
FG Threatens To Sanction Depot Owners Selling PMS Above Approved Price
The federal government says it will impose sanctions on depot owners selling petroleum products above the approved ex-depot price.
Timipre Sylva, minister of state, petroleum resources, said this on Thursday in Abuja while briefing journalists...
PPPRA Warns Petrol Marketers Against Profiteering
The Petroleum Products Pricing Regulatory Agency (PPPRA) has warned marketers of Premium Motor Spirit (PMS) and other petrol products against profiteering during the new year celebration and beyond.
The Executive Secretary of the Agency, Abdulkadir Saidu, who issued the warning...