Despite the much-anticipated entry of the Dangote Petroleum Refinery into the market, imported petrol continued to dominate Nigeria’s fuel landscape in 2025, accounting for 62.47 percent of the total Premium Motor Spirit (PMS) consumed in the country. According to the latest midstream and downstream sector factsheet released by the Nigerian Midstream and Downstream Petroleum Regulatory […]
A potentially catastrophic situation is unfolding in the Apapa area of Lagos State, where a tanker laden with Premium Motor Spirit (PMS) has overturned on the Tincan Liverpool Bridge. The incident, which occurred in the early hours of Monday, has sparked a rush by residents and passersby to scoop the spilling fuel, raising fears of […]
The projected increase of fuel price in the month of August is playing out as predicted, as the principal officers of the Independent Petroleum Marketers Association of Nigeria have directed their members to raise the pump price to N150 per litre. Following frequent fluctuations of crude oil in the international market, the Federal government had […]
A housewife, Zainab Abdullahi, on Thursday dragged her estranged husband, Usman Abdullahi, a vulcanizer, to a Sharia Court in Magajin Gari, Kaduna, alleging that he gives her only N300 for the upkeep of their eight children. The woman, who resides at Rigasa in Kaduna, also said that her husband had abandoned her for three years […]
Mrs Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. She said this on Monday in Abuja, at the public presentation of the 2020 budget proposals. Ahmed said it was called ‘under-recovery’ because it was […]
There was low turn out of people in major markets and busy business areas following the scarcity of Premium Motor Spirit (PMS), known as petrol in most filling stations in Ibadan, the Oyo State Capital. The fuel scarcity that started few days ago has led to low turnout of buying and selling major markets […]