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Tag: Premium Motor Spirit (PMS)

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Buhari Approves Upward Review Of Oil Transporters Freight Rate

President Muhammadu Buhari has approved the upward review in freight rate for transporters to alleviate the challenges associated with the distribution of Premium Motor...
News

Fuel Scarcity May Linger Unless FG Pays Marketers Bridging Claims — IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has urged the Federal Government to pay marketers their bridging claims to enable them to begin...
Headline

Nigeria To Spend N4trn On Fuel Subsidy As NASS Passes Additional N442.72bn

Despite initial plans by the Federal Government to remove energy subsidy over hike in national spending, Nigeria is going to spend about N 4trillion...
News

IPMAN Blames Private Depot Owners For Hike In PMS Price

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday blamed private depot owners for the hike in the pump price of Premium Motor...
Business

NNPC Expecting 2.3bn Litres Of PMS To Stabilise Distribution – Official

The Nigerian National Petroleum Company (NNPC) Limited started its week with an assurance to Nigerians that the distribution of Premium Motor Spirit (PMS) would...
News

PMS: NMDPRA Intensifies Surveillance To Ensure Supply, Prevent Adulterated Product

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Abuja Zonal Office says it has intensified surveillance on fuel stations to ensure uninterrupted petrol...
Headline

Analysing The Retaining, Removal Of Nigeria’s Oil Subsidy

President Muhammadu Buhari had on Jan. 25 approved 18-month suspension of the removal of fuel subsidy, following consultations with stakeholders in line with the...
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