The Nigerian National Petroleum Corporation, on Tuesday, said 1,194 trucks of petrol were loaded nationwide. This is contained in the corporation’s Premium Motor Spirit (PMS) daily supply nationwide schedule released in Abuja. “Twenty one import vessels laden with a total volume of 844.1 million litres have been confirmed to arrive in the month of April… Read More 1,194 truckloads of petrol deployed nationwide- NNPC
Port Harcourt Refining Company, PHRC, Nigeria’s biggest refinery, has been re-streamed and is now producing between three and five million litres daily, according to the Nigerian National Petroleum Corporation, NNPC. The re-streaming of the refinery, which had been down for months due to poor maintenance and shortage of crude feedstock, the management said, was aimed… Read More Port-Harcourt refinery producing 5million litres of petrol daily
The amount the Federal Government is subsidizing Premium Motor Spirit, PMS, also known as petrol, rose, yesterday, to N9.09 per litre, according to the latest pricing template released by the Petroleum Products Pricing Regulatory Agency, PPPRA. Specifically, this means that if the Federal Government is to hands off subsidizing the product and allow market forces… Read More Subsidy price on petrol inflates to
The fuel supply and distribution situation has drastically improved in Abuja and its environs as the long fuel queues is gradually easing out following the increased truck out from 186 to 240 trucks on Tuesday. The Nigerian National Petroleum Corporation, NNPC, and its downstream subsidiary Nigerian Products Marketing Company, NPMC, said in a statement that… Read More 240 trucks of petrol dispensed to Abuja to curtail fuel scarcity
The Nigerian National Petroleum Corporation (NNPC) said it has discharged one cargo of 44 million litres of Premium Motor Spirit (PMS) to ensure availability of the product across the country. This is contained in a statement signed by Mr Garba Deen Mohammed, Group General Manager, Group Public Affairs Division, NNPC, on Friday in Abuja. “Our… Read More NNPC dispenses 44million litres of petrol to curb scarcity
The Nigeria Security and Civil Defence Corps, NSCDC, has seized 225 jerry cans containing 5, 625 litres of petrol from black market operators in Maiduguri, Borno. The state Commandant of NSCDC, Mr Ibrahim Abdullahi, told the News Agency of Nigeria (NAN), on Sunday that the products were seized from illegal sources in different locations of… Read More 225 cans of petrol seized from black market operators in Borno
About 166.91 million litres of premium motor spirit, PMS, also known as Petrol, are stuck in various depots in Lagos, a situation that gave rise to the resurgence of long queues at filling stations in Lagos metropolis and other parts of the country. The Nigerian National Petroleum Corporation, NNPC, and its downstream subsidiary, Pipelines and… Read More Marketers blame NNPC for petrol scarcity
The Federal Government would on January 1, 2016 reduce the pump price of Premium Motor Spirit, popularly known as petrol, to N85 per litre. The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, who broke the news to journalists,during a tour of the Port Harcourt refinery on Christmas Day said that the Federal government is working to reduce… Read More Petrol price will reduce to N85/litre from January 1st- FG
