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Tag: Premium Motor Spirit (PMS)

Business

FG To Consider Removal Of Fuel Subsidy In 18 Months — Sylva

The Federal Government is seeking the extension of the implementation of the total removal of subsidy on Premium Motor Spirit (PMS), otherwise known as...

Business

Nigeria Should End Fuel Subsidy In Six Months – World Bank

Nigeria should end its expensive fuel subsidy regime within three to six months, the World Bank said on Tuesday. Reuters reported that the bank advised that...

Business

Sanusi Reveals: How FG Is Paying Subsidy On Fuel That Never Arrived Nigeria

Former Governor of Central Bank of Nigeria (CBN) and immediate past Emir of Kano, HRH Muhammadu Sanusi II, has said Nigeria is investing its...

Business

Ex-depot Price Of Petrol Unchanged, NNPC Dismisses Rumoured Hike

Following the ongoing speculations about the hike in the price of Premium Motor Spirit (PMS), also known as Petrol, the Nigerian National Petroleum Corporation...

Business

NNPC Hints At Fuel Price Hike, Says It Loses N120bn Monthly To Subsidy Payment

Expect PIB Passage In April, Sylva Tells Nigerians From Segun Amure, (The New Diplomat's Abuja Bureau) The Nigerian National Petroleum Corporation (NNPC)...

News

Reps To Investigate Alleged Sabotage of Warri Refinery

The House of Representatives, Reps, has resolved to investigate alleged sabotage responsible for frequent shutdown of Warri Refinery, towards addressing the problem. The resolution was...

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Just In: No Increase In Pump Price Of PMS, NNPC Reacts To Nigerians’ Anxiety

From Segun Amure, (The New Diplomat's Abuja Bureau) The Nigerian National Petroleum Corporation (NNPC) on Friday insisted there will be no increase in the ex-depot...

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