The Presidential Initiative on Compressed Natural Gas (PiCNG) has clarified that recent changes in pump prices by some operators were…
Browsing: Petrol
About two years ago, the Nigerian government started encouraging drivers to use compressed natural gas (CNG) instead of petrol. Now,…
ASHENEWS reports that the Nigeria Customs Service (NCS) says it has intercepted 500 jerry cans and two drums of smuggled Premium Motor Spirit (PMS), also known as petrol, with a duty-paid value exceeding N25.9 million in Niger State.
Nigerians may experience an increase in the prices of premium energy products diesel and petrol as the Dangote Petroleum Refinery temporarily halts the sale of petroleum products in Naira.
The latest data by the National Bureau of Statistics (NBS) on the foreign trade statistics, revealed that the increase was from N7.51trn recorded in 2023.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery to directly lift premium motor spirit (petrol), diesel and other products.
The Nigerian National Petroleum Company Limited (NNPCL) has published a breakdown of estimated petrol prices sourced from the Dangote Refinery for its retail stations in Lagos and other states across the country.
The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N545.83 in June 2023 to N750.17 in June 2024.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has attributed the current fuel queues in the FCT and some parts of the country to the disruption of ship-to-ship (STS) transfer of Premium Motor Spirit (PMS), also known as petrol.
An Oil and Gas expert, Mr Emmanuel Iheanacho, says the improvement observed in the value of the naira, would not…