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Tag : PMS

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SSANU: Fuel, electricity hikeā€™ll increase Nigeriansā€™ hardship

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The Senior Staff Association of Nigerian Universities (SSANU), Monday, warned that except the Federal Government addresses the recent hike in fuel and electricity tariff, the...
Business

President Buhari: Itā€™ll be dangerous to go back to fuel subsidy era

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President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial...
Business

Fierce competition will keep petrol price moderate ā€“ marketers

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Pool Photo Against the backdrop of the full deregulation of the nationā€™s downstream oil sector, major oil marketers have said fierce competition will moderate the...
Business

Oil marketers list gains of fuel deregulation to Nigerians

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AHA Taxis The Major Oil Marketers Association of Nigeria (MOMAN) says the deregulation of the sale of Premium Motor Spirit (PMS), also known as petrol,...
Business

TUC, others reject new fuel price, as petrol stations adjust pump

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Pool Photo Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the Premium Motor Spirit, PMS,...
Business

NNPC records 43% drop in oil pipeline vandalism in May

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The Nigerian National Petroleum Corporation (NNPC) has recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure by...
Business

NNPC returns to profitability, records N2.68 billion surplus

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The Nigerian National Petroleum Corporation, NNPC, Wednesday, announced a trading surplus of N2.68 billion for May 2020, compared to a deficit of N30.81 billion recorded...
Business

MOMAN: Nigeria heading towards full deregulation of petrol

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AHA Taxis The Major Oil Marketers Association of Nigeria (MOMAN) says Nigeria is gradually heading towards full deregulation of the Premium Motor Spirit (PMS) which...
Business

PPPRA fixes petrol ex-depot price for N138.62

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The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for...