THE National Bureau of Statistics, NBS, said the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum Gas, LPG (Cooking Gas) dropped to N1, 967.46 in October from N1, 976.11 recorded in September. This shows a marginal 0.44 per cent month-on-month (MoM) and a significant 8.3 per cent year-on-year (YoY) decrease in the period under review.

By Michael Eboh Nigeria spent N836.67 billion on the importation of Premium Motor Spirit, PMS, also known as petrol, and other petroleum products in the second quarter of 2019, according to data obtained from the National Bureau of Statistics, NBS. Data obtained from the NBS Foreign Trade in Goods Statistics for the Second Quarter of […]

The Federal Government says it will not relent on the sustenance of “Operation White” developed to eradicate the smuggling of Premium Motoring Spirit (PMS) across Nigerian borders. Mr. Timipre Sylva, Minister of State for Petroleum, gave the assurance on Monday while speaking at the opening ceremony of the 13th Oil Trading and Logistics (OTL Africa […]

Some miscreants have crowded a leaking tanker in a bid to scoop its content at Mile 2 as onlookers raise the alarm. A video by our correspondents captured the energetic Nigerians dashing towards the leaking tanker with some of them desperate enough to mount the 33,000 litre-tanker. ALSO READ: I am committed to providing basic […]

A total of 16.6 million litres of Premium Motor Spirit, PMS worth N6.1 billion led the import chart for the month of May, the import statistical chat of the Nigerian Ports Authority, NPA, the shipping position has shown.