The Dangote Petroleum Refinery has shipped its first cargo of Premium Motor Spirit (PMS) to the United States, even as Nigerian marketers continue to import large volumes of fuel. Data …
petrol
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Nigeria’s reliance on imported petrol dropped significantly in the first quarter of 2025, with the country’s petrol import bill crashing by 54 percent year-on-year, according to data from the National …
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President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company – the Dangote Petroleum Refinery – has enough Premium Motor Spirit (PMS otherwise known as petrol) in …
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BusinessNews
Energy Expert Urges President Tinubu to End Petrol Import Racket, Prioritise Local Refining
Energy expert Dan Kunle has warned that the continued importation of petrol and diesel by the Nigerian National Petroleum Corporation (NNPC) Limited and certain marketers, despite the Dangote Petroleum Refinery’s …
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The Organisation of the Petroleum Exporting Countries (OPEC) said the Dangote Refinery has significantly reduced Nigeria’s reliance on imported European refined products. In its Monthly Oil Market Report published on …
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The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased on Monday. The PUNCH gathered that marketers raised petrol and diesel prices at …
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The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over …
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Petroleum marketers under the aegis of Major Energies Marketers Association of Nigeria (MEMAN) on Thursday stated that they have significant stock of products. CEO of MEMAN, Clement Isong spoke against …
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The Federal Government has said it is not responsible for the hike in the pump price of petrol. On Wednesday, the Nigerian National Petroleum Company Limited (NNPCL) raised the pump …
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Oil marketers have said that the Nigerian National Petroleum Company Limited portal used to purchase petrol has been shut against dealers, making it impossible for them to apply for the …