PMS

News

PMS price hike: Major marketers meet oil regulators

MAJOR oil marketers nationwide officially met in Abuja on Wednesday, September 3, with the Nigerian Midstream and Downstream Petroleum...
Harrison EDEH -
Oil and Gas

N1000/litre PMS price hike imminent as NNPCL admits financial strain

THE Nigerian National Petroleum Company Limited (NNPCL) is set to enforce a price hike of N1000 per litre of...
Harrison EDEH -
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News

Minister directs NNPCL to sell PMS above N1000 to curb smuggling 

THE MINISTER of State for Petroleum Resources, Heineken Lokpobiri has said that the Nigerian National Petroleum Company Limited(NNPCL) must...
Harrison EDEH -
News

FG to marketers: Desist from hoarding fuel or face licence revocation

THE Federal Government has warned that it will revoke the licenses of oil marketers found hoarding premium motor spirit...
Fatimah QUADRI -
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Oil and Gas

Dangote set to control PMS market pricing, denies NNPCL 20% refinery stake

DANGOTE Petrochemical refinery owned by Africa's richest man-Aliko Dangote is set to disrupt Nigeria's premium motor spirit (PMS) price-control...
Harrison EDEH -
Business and Economy

How Dangote refinery can impact 15% reduction on PMS price-experts

THE commencement of Production at the Dangote Refinery and Petrochemical Company could influence a 15 per cent price reduction...
Harrison EDEH -
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