'Twenty States, Firms To Implement Methanol Fuel Technology'         Over 20 states and private companies are set to partner the Federal Government to implement the methanol fuel technology in their respective domains, the Minister of Science and Technology, Ogbonnya Onu, said on Thursday. Methanol fuel is an...

FG Lacks Effective Road Map on PMS Deregulation- PEDAN Scribe, Dandakata       The National Secretary of the Petroleum Dealers' Association of Nigeria (PEDAN), Mr. Ibrahim Shehu Yahaya, said there is no clear cut line of action on how the Federal Government (FG) intends to go about...

IPMAN Orders Members To Sell Fuel At N162/Litre     The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the Southwest region of the country to begin sales of the Premium Motor Spirit (PMS) popularly referred to as petrol at N162 per litre. The...

Smugglers Move Nigeria’s Petrol To Mali, Others — NNPC   Smugglers of Premium Motor Spirit, popularly known as petrol, smuggle the commodity to as far as Burkina Faso, Mali and Cote d’Ivoire, the Nigerian National Petroleum Corporation stated on Wednesday. The NNPC also stated that the commodity...

Nigeria Imported 95.28 Billion Litres Of Petroleum Products In 4years   Between January 2014 and December 2017, the country imported 95.28 billion litres of petroleum products such as Premium Motor Spirit (petrol), Automotive Gas and Oil (diesel) and Household Kerosene. The figure was contained in the Petroleum...

In Three Months, Nigeria Spends N254bn On Fuel Import   Nigeria spent N254.16 billion on importation of Premium Motor Spirit, PMS, also known as petrol, in the fourth quarter of 2017, according to data obtained from the National Bureau of Statistics, NBS. The NBS stated that petrol...