PMS import drops by 30m litres in 8 months — NMDPRA
After contributing virtually nothing in August, local plants delivered 26.2 mpd in early April, a jump from the 3.4 mpd recorded in September
Nigeria’s oil earnings dip by 2.6% to N3.97trn in 9 months ― CBN
By Michael Eboh Nigeria’s earnings from the oil and gas industry declined by 2.62 per cent to N3.973 trillion in the first nine months of the year, from January to September 2019, according to data obtained from the Central Bank of Nigeria, CBN. The CBN, in its Economic Report for the Third Quarter of 2019, […]
Prices of cooking gas, PMS drop as Kerosene rise in October
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.
Nigeria spends N837bn on fuel import in 3 months ― NBS
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 […]
FG pledges sustenance of “Operation White” to curb fuel smuggling
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 […]
HAPPENING NOW: Miscreants struggle to scoop fuel from leaking tanker (VIDEO)
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 […]
