Tag: PMS

Deregulation of PMS prices will help avert negative consequences—Buhari

Suleiman Idris- September 7, 2020

President Muhammadu Buhari says there will be negative consequences if the government continued with the business of fixing or subsidising the prices of Premium Motor ... Read More

PPPRA Reduces Pump Prices of Premium Motor Spirit (PMS) to N123:50

Tanimu- April 1, 2020

The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced further reduction of the pump price of Premium Motor Spirit (PMS) also known as petrol from ... Read More

Oil, Gas Export Sales up to $416m – NNPC

Henry Solomon- October 4, 2018

The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales of 416.07 million dollars was realised in June, which ... Read More

$5b Worth of Petrol Imported to End Fuel Queues

Tanimu- February 21, 2018

Ndu Nghamadu, Abuja: The Nigerian National Petroleum Corporation (NNPC) says it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion ... Read More

NNPC Restores Escravos-Lagos Pipeline, Resumes Gas Supply

Tanimu- January 9, 2018

Ndu Ughamadu, Abuja: The Escravos-Lagos Pipeline (ELP) which came down last week as a result of a fire incident has been restored and gas supply ... Read More

FG determined to stop PMS importation by 2019 – NNPC

inno.korie- May 2, 2017

The Federal Government has reiterated its determination to stop the importation of Premium Motor Spirit (PMS) otherwise known as petrol by 2019. The Group Managing ... Read More

Measures to Sustain Products Supply Nationwide – NNPC

Tanimu- February 13, 2017

Ndu Ughamadu,Abuja: The Nigerian National Petroleum Corporation (NNPC) has announced elaborate measures to sustain supply of Premium Motor Spirit, (petrol), Automotive Gas Oil, diesel, and ... Read More

Suspected PMS Supplier To Boko Haram In Sambisa Forrest Via Damboa Arrested

Tanimu- July 20, 2016

The Quick Reaction Force (QRF) of 251 Battalion, 7 Div Gar on routine checks arrested a truck loaded with 25 jerry cans of Premium Motor ... Read More

Troops Ambush Boko Haram Terrorists In Kukawa killed 4, Recovered Items

Abdul Jimoh- July 4, 2016

Colonel Sani Kukasheka Usman Abuja At the early hours of today, troops of 118 Task Force Battalion, 8 Task Force Division sprang a surprised ambush ... Read More

NSCDC Recovers 9 Vehicles, 7 Motorcycles From Pipeline Vandals

Abdul Jimoh- June 13, 2016

Ogun State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has broken a syndicate that specialises in pipeline vandalism along the Lagos- Ibadan ... Read More

Oil deal: Woman bags two years Jail Term

Abdul Jimoh- June 13, 2016

A Federal High Court in Abeokuta, Ogun State has convicted and sentenced one Memunat Mohammed to two years imprisonment for dealing in Premium Motor Spirit, ... Read More

Nigeria Loses 800,000 Barrels Daily To Pipeline Vandalism – Kachikwu

Henry Solomon- May 17, 2016

Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday said Nigeria’s crude oil production had declined from 2.2 million barrels per day to ... Read More

The New Price Regime Will Create Additional 200,000 Jobs – Federal Government

Henry Solomon- May 14, 2016

The Federal Government says that the new price regime for the downstream petroleum sector is comprehensively designed to tackle the hardship faced by Nigerians and ... Read More

#FuelSubsidy Removal Is For the National Interest – National Orientation Agency

Henry Solomon- May 12, 2016

In the light of the removal of government subsidy on Premium Motor Spirit (PMS), the Acting Director General, National Orientation Agency (NOA), Mrs. Ngozi Ekeoba ... Read More

4 Ships With Petrol Arrived Lagos Port Waiting Discharge

Tanimu- May 1, 2016

Four ships laden with Premium Motor Spirit (PMS) otherwise known as petrol, have arrived Lagos ports, waiting to discharge. The Nigerian Ports Authority (NPA) stated ... Read More

FG Plans To End Importation Of PMS In 18 Months – Minister Of State Petroleum

Henry Solomon- March 9, 2016

The Minister of State for Petroleum, Dr Ibe Kachikwu, said Federal Government is putting in place modalities to end importation of Premium Motor Spirit (PMS) ... Read More

FG Moves to Unbundle NNPC into 30 Companies

Arowobusoye Samuel- March 4, 2016

The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has said that the ... Read More

Fuel Supply: NNPC Cautions Depot Owners Not to Sell above Ex-Depot Price

Arowobusoye Samuel- February 29, 2016

NNPC Logo The Nigerian National Petroleum Corporation (NNPC) has assured of sufficient supply of premium motor spirit (petrol) as it has taken delivery of four ... Read More

Senate Mandates Committees on Petroleum to Investigate Fuel Crises Says Situation Embarrasing

Arowobusoye Samuel- May 22, 2015

The Senate has mandated its Committees on Petroleum Downstream and upstream to investigate circumstances surrounding the lingering fuel crises in the Country with a view ... Read More

Ministry of Trade and Investment Commences Enforcement of New PMS Pump Price

Arowobusoye Samuel- January 21, 2015

The Weight and Measures Department of Ministry of Trade and Investment has commenced the enforcement of the new pump price of premium Motor Spirit ‘PMS’ ... Read More