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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.
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The Edo State Government has commended petroleum marketers in the state for abiding by the directive to ensure Premium Motor Spirit (PMS) does not sell above the approved N145 per litre, noting that their sustained collaboration has led to hitch-free distribution of the product across the state.
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The Edo State Government has dismissed rumours of impending scarcity of petroleum products particularly Premium Motor Spirit (PMS), and cautioned marketers against selling above the approved pump price of N145 per litre.
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The Edo State Government has warned petroleum marketers in the state to desist from diverting petroleum products allocated to Edo State to neighboring states, thereby causing artificial scarcity of the products.
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THE average price paid by consumers for premium motor spirit, PMS, popularly known as petrol, increased to N147.50 in November 2018 from N147.20 in October 2018, the Nigeria Bureau of Statistic, NBS report has shown.
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he National Bureau of Statistics (NBS) has revealed that the importation of Premium Motor Spirit, otherwise known as petrol, dipped to 4.79 billion litres in the second quarter of 2018 as against the 5.67 billion litres of the product imported in the first quarter of the year by the Nigerian National Petroleum Corporation (NNPC).
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The Nigerian National Petroleum Corporation, NNPC, Wednesday, disclosed that Nigeria does not know its actual fuel consumption and has recently put machinery in motion to determine the actual volume of the commodity purchased by Nigerians on a daily basis.
Read More THE Department of Petroleum Resources, DPR, yesterday assured Nigerians that the country has excess storage of 500 Million litres of Premium Motor Spirit, PMS.
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The Sango-Ota Command of the Federal Road Safety Corps (FRSC) said that a danger was averted on Friday as a tanker loaded with fuel capsised on Iyana-Ilogbo Area, Ogun.
Read More The Edo State Government has said 18 trucks carrying 720,993 litres of petroleum products have arrived the state to ease the lingering fuel scarcity, warning filling stations against hoarding the product.
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