IPMAN backs FG’s plans to remove fuel subsidy in 2022
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that it supports the Federal Government’s decision to remove subsidy ...
Tag: PMS
South-East residents paid highest average price for petrol in October – NBS
Residents in Southeastern Nigeria paid the highest average prices of Premium Motor Spirit (PMS), commonly known as petrol, in the ...
Average cost of petrol in September 2021 is highest in Abia, Ekiti, Lagos State – NBS
The latest petrol price watch report by the National Bureau of Statistics revealed that consumers paid the highest for a ...
Lagos State residents paid highest price for petrol in March 2021 – NBS
The NBS revealed that the National Average price/litre of petrol was N172.68 in March 2021 compared to N145.40 in March 2020.
Nigeria and its long standing fuel subsidies
We are in a country where the subsidy on petrol prices is seen as the only source of social security.
Stakeholders demand full deregulation of downstream oil and gas sector to accelerate investments, product sustainability
The recent increase in retail prices of PMS has been met with calls for a full and transparent deregulation of ...
FG says recent petrol price increase linked to Pfizer Covid-19 vaccine success
The Federal Government has linked the recent increase in the pump price of petrol to the success of Pfizer's Covid-19 ...
FG estimates that alternative petrol, CNG would cost N97 per litre
FG, following its estimation claims alternatives to petrol, could be much cheaper.
Petrol pump price increased to N151.56 per litre
The Pipeline and Product Marketing Company made the disclosure through an internal memo.
Reduction in PMS: A nod to the deregulation of the downstream sector?
The Presidency yesterday announced a reduction in the price of Premium Motor Spirit (PMS) to N125 from the current price ...
