The recent increase in retail prices of PMS has been met with calls for a full and transparent deregulation of the downstream oil and gas sector.
The Federal Government has linked the recent increase in the pump price of petrol to the success of Pfizer's Covid-19 vaccine.
FG, following its estimation claims alternatives to petrol, could be much cheaper.
The Pipeline and Product Marketing Company made the disclosure through an internal memo.
The Presidency yesterday announced a reduction in the price of Premium Motor Spirit (PMS) to N125 from the current price of N145.
The latest price watch report released by the National Bureau of Statistics (NBS) shows that Premium Motor Spirit (popularly known as Petrol) sells at the lowest price in North-East Nigeria...
The Nigeria National Petroleum Corporation (@NNPCgroup) is set to collaborate with International oil company, Chevron Nigeria Limited to establish a condensate splinter refinery.
The average pump price of premium motor spirit (Petrol) increased by 0.4% in April 2019. This is revealed in the latest PMS price watch data released...
Nigerians, consistently paid less for petrol, kerosene, diesel and cooking gas according to the NBS.