Tag: Premium Motor Spirit

Despite the price adjustment, the Dangote Petroleum Refinery said it remains focused on delivering energy security, price stability, and long-term ...

The increased output from Dangote Refinery contributed to a rise in Nigeria’s total daily domestic PMS supply to 74.2 million ...

At the heart of the dispute is the refinery’s decision to deploy 4,000 new Compressed Natural Gas (CNG) trucks for ...

On Tuesday, crude oil prices dipped as traders anticipated declining demand at the end of the summer driving season in ...

Mr Dangote said that the turnaround maintenance of the refineries “is like you trying to modernise a car that was ...

The refinery’s ability to unilaterally set prices or utilise penetration pricing strategies to eliminate competitors raises concerns, particularly if it ...

The company explained that as crude oil remains the primary input in the production of petrol, any fluctuation in its ...

This development is expected to impact the cost of petrol at retail outlets across the country.

NNPC said the current increase in petrol pump price does not reflect free market conditions.

The price of petrol has skyrocketed since May last year when President Bola Tinubu, in his inaugural address, declared an ...

The NBS said the North-west zone had the highest average retail price at N845.26, while the North-central zone had the ...

NLC, TUC had, on Monday, asked the court to vacate its earlier order restraining them from embarking on strike over ...

The highest average retail price was recorded in the South-East at N306.00, while the North-Central had the lowest at N205.10.

The elections prompted many truck drivers to travel to different parts of the country to exercise their civic duty.

ICPC alleged that the suspect took advantage of the scarcity of the new naira notes to swindle unsuspecting Nigerians.

“We are totally against the increase because it will affect our profit margins and the masses."

The inferno affected 12 vehicles.

The NEMA official, however, said the fire had been put out

“Since the scarcity started, I decided to park my car and take public transport to the office and back home.”

Filling stations in the state were closed because of IPOB’s sit-at-home order.

Following the hike, commercial transporters have reportedly increased transport fare in the city.

NBS says the average price paid by consumers for petrol increased by 14.62 per cent year-on-year.

“In the last five years, the government has laboured to convince Nigerians that the oil sector has been deregulated and ...

“You all know that that President Muhammadu Buhari aligns with ordinary Nigerians, especially the poor."

Mr Ortom said the 2020 budget was reviewed downward from N190.89 billion to N108.82 billion.