Tag Archives: petrol

    The Lagos state police command is getting commendations from Nigerians after rescuing a stranded lady whose vehicle ran out of fuel while she was driving at about 4am today January 6.   In a post shared on X, the command stated that the woman was driving along Cement Bus Stop, Lagos-Abk highway. It said some of its officers …

No fewer than four persons were burnt to de@th while three others sustained various degrees of injuries following the explosion of a diesel-laden tanker at Agbor town in Delta State on Sunday, January 5.   The diesel tanker was said to have suffered a brake failure and fell at a traffic light junction at Agbor, which resulted in an explosion …

President Bola Tinubu stated he has no regrets about removing the petrol subsidy during his first presidential media chat on Monday, December 24.    Tinubu emphasized that the subsidy was detrimental to Nigeria’s economic future, describing it as an unsustainable expenditure.   “Nigeria was spending its future and was not investing,” Tinubu said. “We were spending the fortune of our …

NNPC Limited has reduced the pump price of petrol at its retail outlets in Abuja to N965 per litre from N1,030 per litre.  Visits to NNPC retail outlets in the Central Area and Nyanya suburb of the nation’s capital confirmed that the new rates are now in effect.   This marks the second price cut by the Nigerian National Petroleum Company …

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says Nigerians should expect a reduction in the pump price of the product within the week.   Last week, the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery reduced the ex-depot price of petrol to N899 per litre in Lagos. Despite the announcement, many fuel stations have continued …

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price for Premium Motor Spirit (PMS), also known as petrol, to N899 per litre.   The product previously sold at N1,020. According to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), the new price was fixed by the NNPCL.     Quoting a document released by NNPCL’s …

Oil marketers lifting the Premium Motor Spirit, PMS, also known as petrol from Dangote Petroleum Refinery, have slashed the price of the product by 11.8 per cent to N939.50 per litre, from N1,060 per litre.   Some fuel stations in Lagos state have since reflected the new pump price as of this morning December 20. On Thursday, December 19, Dangote …

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol.   PENGASSAN National President, Festus Osifo, during the association’s National Executive Council Meeting held on Tuesday, December 3, in …

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has announced a reduction in the price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL), with the price now adjusted from ₦1,045 per litre to ₦1,030 per litre.   The association’s National President, Dr. Billy Harry, revealed this development during a strategic meeting and award …

  Nigeria’s Premium Motor Spirit, also known as petrol, is reportedly being smuggled to neighboring countries as it is still 58 per cent cheaper than what is obtained in neighbouring countries. As at press time, petrol in the Republic of Benin, costs Ceffa 600 per litre, an equivalent of $0.97 or N1649 per litre. In Ghana, the product sells for Ghc …