NNPC can no longer bear the monumental cost of N120bn Monthly Petrol subsidy –Â GMDÂ
The Nigerian National Petroleum Corporation (NNPC) says it pays N120 billion every month to subsidise Premium Motor Spirit (PMS), also known as petrol. NNPC Group General Manager (GMD), Mele Kyari,…
Pricing guideline not increase in pump price of PMS – PPPRA
The Petroleum Products Pricing Regulation Agency (PPPRA) says the March guiding prices posted on its website does not translate to increase in the pump price of  Premium Motor Spirit (PMS)…
NNPC Insists no increase in depot price of fuel in March
The Nigerian National Petroleum Corporation (NNPC) on Friday insisted that there is no increment in the ex-depot price of Premium Motor Spirit (PMS) also known as petrol this month. NNPC…
FG to meet with govs on petrol, electricity prices
Federal Government will meet with state governors and the Nigerian National Petroleum Corporation (NNPC) on Thursday to find a solution to the issue of right pricing for Premium Motor Spirit…
No plans to increase PMS price in Feb. – NNPC assures Organised Labour, Nigerians
The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol…
NSCDC parades 3 foreigners for stealing over 6,000 litres of PMSÂ
The Nigerian Security and Civil Defence Corps (NSCDC), Lagos Command, on Monday paraded three Citizens of Benin Republic for allegedly siphoning 6,250 litres of Premium Motor Spirit (PMS). The Commandant…
PPMC seeks up-ward review of ex-depot price of PMS effective Nov. 13
A fresh hike in the pump price of Premium Motor Spirit (PMS), popularly known as petrol looms as the Petroleum Products Marketing Company (PPMC), a subsidiary of the Nigerian National…
EndSARS protest: Group urges politicians, politically-exposed Nigerians to desist from inciting the youths to violence
The Progressive Students Movement (PSM), a pan-African students group, has condemned, in strong terms, the continuous destruction of public and private businesses and property across the country. The President of…
Lagos Fire Service confirms petrol pipeline leakage at Isheri as NNPC suspends pumping operations
Lagos State Fire and Rescue Service, on Sunday announced the leakage of petrol from the Nigerian National Petroleum Corporation (NNPC) Atlas Cove-Mosimi System 2B Pipeline at Isheri in Alimosho Local…
PMS pump price soon to be determined by market forces – MOMAN
The Major Oil Marketers Association of Nigeria (MOMAN) says Nigeria is gradually heading towards full deregulation of the Premium Motor Spirit (PMS) which will enable pump price to be determined…