Tag: PMS
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BREAKING: IPMAN makes u-turn
Following directives to its members in Borno and Oyo States to shut down fuelling stations, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has made a u-turn.
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BREAKING: IPMAN directs members to shut all fuelling stations
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to suspend operations and shut down all fueling stations across the country.
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Fuel scarcity will end soon in Delta – Taskforce
The Delta Petroleum Products Monitoring Committee has urged residents not to indulge in panic buying of the product.
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Delta Govt sets up monitoring team to tackle petrol scarcity
The Delta Government has set up a monitoring team to track the distribution of Premium Motor Spirit (PMS) to ensure availability and sale at the official pump price.
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NNPC reveals how petrol is smuggled by marine vessels to neighbouring countries
The Nigerian National Petroleum Company Limited has revealed how Premium Motor Spirit (PMS), popularly called petrol, is being smuggled by trucks and marine vessels to neighbouring countries. In the words of NNPC Group Chief Executive Officer, Mele Kyari: “One thing that is also very practical is that Nigeria’s fuel is smuggled to other countries. This…
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No basis for current petrol scarcity – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said that there was no basis for the current scarcity and price increase of Premium Motor Spirits (PMS) across the country.
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President Buhari sets up 14-man committee to tackle fuel scarcity
President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find a lasting solution to disruptions in the supply and distribution of petroleum products.
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Governance by ambush – By Owei Lakemfa
The mass media reported that as Nigerians slept on January 19, 2023, the government of President Muhammadu Buhari, again, increased the price of petrol. This time from N170 per litre to N185.
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If subsidy is removed petrol price could jump to N800/litre – Oil marketers
The oil marketers in the country have hinted that the price of Premium of Motor Spirit (PMS) could hit N800 a litre if the subsidy on the product is totally removed. Recall that there has been a scarcity of PMS for the past few months and it has caused many filling stations to either hoard…
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No Increase In PMS Pump Price—Sylva
The Minister of State Petroleum Resources Chief Timipre Sylva has denied any increase in the price of Premium Motor Spirit (PMS). In a statement, on Friday, in Abuja, Sylva said President Muhammadu Buhari has not approved any price increase for PMS as is been bandied around.