PMS

Baring any further change of plans, the pump price of Premium Motor Spirit, also known as petrol may be adjusted to N212.6 per litre, if the template released by the Petroleum Products Pricing Regulatory Agency is anything to go…

‎The landing cost of Premium Motor Spirit (petrol) imported into Nigeria has increased to N186.33 per litre.‎ Crude oil price accounts for a large chunk of the final cost of petrol, and the deregulation of petrol price by the…

Users of Premium Motor Spirit, (PMS) may have to gird their loins for a possible astronomical increase in the pump price of the product if stories coming from the global oil prices are anything to go by. It is feared that the…

The Socio-Economic Rights and Accountability Project (SERAP) has dragged President Muhammadu Buhari and the leadership of the National Assembly to court over the recent hike in electricity tariff and fuel price. The court…

Nigeria's Minister of Information and Culture, Alhaji Lai Mohammed, has justified the comparison made by President Muhammadu Buhari on fuel prices between Nigeria, Saudi Arabia and other countries in his 2020 Independence Day…

The Trade Union Congress has faulted President Muhammadu Buhari for comparing Nigeria with Saudi Arabia and some other countries in his independence anniversary broadcast. The union said the comparison suggests that Buhari was…

‎ ‎President Muhammadu Buhari, in an Independence Day broadcast on Thursday, said it makes no sense for Nigeria to sell petroleum products at prices lower than what it is obtainable in neighbouring countries.‎ Buhari said, “Petroleum…

says N10tn spent in 14 years without results Even as Nigerians continue to grumble over the hike in the price of the premium motor spirit, (PMS), the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari says…

‎The Nigeria Labour Congress (NLC) on Wednesday issued a two-week ultimatum to the Federal Government to reverse the recent hike in electricity tariff and the pump price of petrol or face civil unrest nationwide. The ultimatum…

In apparent bid to cushion the effect of recent increase in the price of premium Motor Spirit (PMS) following the deregulation of the oil downstream, the Nigerian National Petroleum Corporation (NNPC) said on Sunday that it will…