Tag: petrol pump price

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that by Monday, December 23, the pump price of petrol will reduce to N935 per litre. The development, according to IPMAN, follows the marketers’ new deal with Dangote Refinery. IPMAN National President, Alhaji Maigandi Garima, who made this known on Sunday in Abuja, commended the […]

Just like Dangote Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price for Premium Motor Spirit (PMS), also known as petrol, to N899 per litre. The product previously sold at N1,020. According to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), the new price was fixed by the NNPCL. […]

Amid skyrocketing petrol prices, filling stations across Nigeria are said to be employing dubious practices to cheat petrol buyers. Some buyers claim they experienced under-dispensing practices as attendants tamper with pump meters, resulting in customers paying more for less fuel. This manipulation, which has existed prior to recent price hikes, worsens the burden on Nigerians […]

Federal Government of Nigeria on Monday said it has not removed subsidies on the Premium Motor Spirit (PMS), otherwise known as petrol. .. Timipre Sylva, the Minister of State for Petroleum Resources, stated this while speaking with newsmen in Abuja. Sylva spoke on the sidelines of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) […]

The Presidency and the Minister of State for Petroleum Resources, Timipre Sylva have denied approving any hike in petrol pump price describing the development as “unfortunate.” This is more so as fuel queues have resurfaced across the major streets in the country. The Personal Assistant to the President on New Media, Bashir Ahmad, has also […]

There are plans to have the petrol pump price go below N100 per litre, according to the Federal Government It says also it plans to hold a national conference on integrating artisanal/modular petroleum refinery operations has been finalised. The action aims to improve capacity and lower the price of petroleum products. Senior Special Assistant on […]