Premium Motor Spirit (PMS) marketers have raised alarm over the lightness of the product in some retail outlets, saying it is inferior to the quality the Nigerian Midstream and Upstream Regulatory Authority (NMDPRA) approved. According to the marketers, some of the petroleum products imported to Nigeria evaporate and don’t last …
Read More »Petrol consumption falls by 30% ? NNPC GMD, Mele Kyari
The Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Mele Kyari, has disclosed that petrol consumption has declined by 30 percent following the removal of petrol subsidy by President Bola Tinubu. Speaking at a media briefing by the Minister of Finance and Co-ordinating Minister …
Read More »Enugu government threatens to close down petrol stations engaging in meter manipulation
The Enugu State Government has threatened to close down petrol stations manipulating their meters to exploit motorists and other consumers of the product. The state’s Commissioner for Special Duties, Mr. Emeka Ajogwu, gave the warning during an unscheduled visit to some petrol stations in the Enugu metropolis to ascertain …
Read More »Ahmed Musa reduces petrol pump price at his filling station to ₦580 per litre
Ahmed Musa reportedly owns two petrol stations in Kano State. Nigerian professional footballer, Ahmed Musa has reduced the pump price of Premium Motor Spirit at his petrol station in Kano from ₦620 to ₦580 per litre.
Read More »The Masses Are Suffering, This New Petrol Price Is Big Problem – Veteran Actor Baba Wande Begs President Tinubu
Veteran Nollywood actor, Baba Wande on Tuesday made a public appeal to President Bola Tinubu following the increase in the pump prices of Petrol, known as Premium Motor Spirit (PMS), from 537 to 617 naira per Litre. Naija News earlier reported that the Nigerian National Petroleum Company Limited (NNPCL) has further increased …
Read More »Don’t panic buy. No plans to increase petrol pump price to N700 per litre- IPMAN tells Nigerians
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied reports claiming members of its association have concluded plans to increase the pump price of Premium Motor Spirit (PMS), also known as petrol, to N700 per litre nationwide. The Chairman of IPMAN South-west Zone, Dele Tajudeen, stated this in …
Read More »Fuel subsidy removal: Nigerian man stops giving his neighbours a lift after they dismissed his plea for some money to buy petrol
A Nigerian man has shared an interesting story about how he has stopped giving his neighbours a lift after he asked them for a token to buy fuel due to the increase in petrol pump price. Following the removal of fuel subsidy, Petrol pump price has risen across the …
Read More »We?re ready to issue petrol import licence – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that it is ready to issue licences to companies interested in petrol importation. Farouk Ahmed, chief executive officer of NMDPRA, who disclosed this on Tuesday, May 31, said the criteria for importing kerosene and diesel will be applicable …
Read More »The current hardship being experienced by the ordinary people forebodes unpleasant consequences – Governor Akeredolu reacts to Naira scarcity and petrol price hike
Governor Rotimi Akeredolu of Ondo state has reacted to the petrol price hike and scarcity of naira notes which is currently bedevilling the country. In a statement released on Friday, February 3, Akeredolu stated that there is pervasive discontent in the land and unless some urgent redemptive steps are taken …
Read More »Petrol scarcity is not a deliberate action to impact forthcoming elections – NNPC GCEO, Mele Kyari
Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Corporation Limited, Mele Kyari has stated that petrol scarcity witnessed across the country is not a deliberate action to scuttle the forthcoming election. Appearing on NTA?s ?Good Morning Nigeria? programme on Thursday, February 2, Kyari disclosed that the petrol …
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