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Tag: Premium Motor Spirit

Energy

Cabals benefit from petrol imports, frustrate local refineries –IPMAN

The massive imports of Premium Motor Spirit, popularly called petrol, using the United States dollar, will continue to put pressure on the naira and cause a further devaluation of the local currency, the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, explains in this interview  The amount spent as subsidy […]

Tweeps knock FG as fuel scarcity leaves commuters stranded
Energy

Black marketers sell petrol N300/litre as queues persist in Abuja

Fuel queues persisted in the Federal Capital Territory on Monday as filling stations struggled to control desperate drivers waiting to buy the Premium Motor Spirit, PMS, at the official price. Racketeers had a field day, selling a litre of PMS at N300 in different parts of the FCT. In Kubwa, a litre of fuel went […]

NUPENG threatens strike in Lagos over tanker drivers' safety
Energy

NNPC links fuel queues to Sallah celebrations

The Nigerian National Petroleum Corporation has ascribed the re-appearance of fuel queues in parts of Abuja to low loadouts and increased purchases that characterise post-holiday and post-Eid periods Most filling stations in Abuja and neighbouring states of Nasarawa and Niger that dispensed Premium Motor Spirit, popularly called petrol, on Sunday were greeted with long queues. […]

Nigerians bought petrol N191.65 per litre September- NBS
Energy

Queues persist in northern states despite 1.8bn litres fuel supply

The queues by motorists for Premium Motor Spirit, popularly called petrol, particularly in Abuja and northern states have refused to clear despite the supply of about 1.824 billion litres of PMS by the Nigerian National Petroleum Company Limited. Also, the NNPC on Sunday denied claims that it had reviewed the ex-coastal, ex-depot and the NNPC […]