Tag
PREMIUM MOTOR SPIRIT (PMS)
President Bola Tinubu has said that his government is monitoring the effects of exchange rates and inflation on the prices of Premium Motor Spirit (PMS) otherwise known as petrol and will intervene when necessary.
Fuel pump prices in Nigeria have come a long way in the last 32 years, increasing from 70 kobo to the current N165 per litre.
Amid the PMS pricing challenge faced by Nigerians since Q4 2022, the NBS said the average price of PMS for December 2022 was N206 per liter
The Vice President has called on the NPA to review its import dues on PMS in a bid to reduce the pressure of the price in Nigeria.
Oil marketers have insisted that petrol will sell for as much as N230 per litre in March.
The FG and Organised Labour have received the report of the Technical Committee on PMS Pricing Framework.
Petroleum Products Stock Data compiled by the PPPRA suggests there may not be any fuel scarcity this yuletide season.
The Minister said it was unrealistic for the government to continue with the subsidy regime.
The average pump price of premium motor spirit (popularly known as Petrol) increased by 0.2% in June 2019. This is revealed in the latest Petrol price watch data released by the [@nigerianstat]
The average pump price of premium motor spirit (popularly known as Petrol) decreased by 0.4% in May 2019. This is revealed in the latest Petrol price watch data released by the @nigerianstat
The average pump price of premium motor spirit (Petrol) increased by 0.4% in April 2019. This is revealed in the latest PMS price watch data released @nigerianstat.
Some marketers of PMS in Lagos and Ogun state have began hoarding their supplies because of reported increase in the landing cost of the product.