Tags: PMS

Dangote Refinery Reduces Diesel Price, by N55 to N1,020 per Litre

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve its customers and Nigerians in general. Since it began diesel production in January 2024, the refinery has reduced its diesel price  more than…

NNPC Reassures Nigerians on Fuel Supply, Promises Remedial Action on Defaulting Importers

Following the recent issues generated by the supply of methanol blended petrol in some parts of the country, the Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) across the country within a short period. The Chief Executive…

Petrol Smuggling: Custom, NSA Grant Border Stations Waivers, Says DPR

The Department of Petroleum Resources has faulted the claim by the Nigeria Customs Service that it was partly responsible for the continued smuggling of Premium Motor Spirit popularly called petrol, which has been subsidised by the Federal Government. The Head, Downstream Department, DPR, Bashir Sodiq, said filling stations along the land borders now get less…

NNPC Records Petroleum Product Sale of ₦234.63bn in March

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale of white products in the month of March 2021 representing a 24.7% increase from the ₦188.15billion sales recorded in the previous month of February 2021. This was contained in the…