Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known as diesel. Under the revised pricing structure, the refinery cut the ex-depot price of petrol from ₦1,275 to ₦1,250 per litre, while diesel was reduced from ₦1,800 to ₦1,700 per…
The Nigeria Customs Service has seized 108,775 litres of Premium Motor Spirit allegedly being smuggled through the River Benue into Cameroon—an operation officials say ranks among the largest anti–anti-fuel-smuggling busts in Adamawa State in recent months. In a statement posted on X on Saturday, the Service explained that the interception took place in the early…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the planned implementation of a 15 per cent ad-valorem import duty on imported Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) will no longer proceed. In a statement posted on its official X (formerly Twitter) handle on Thursday, the Director of Public…
In a move to ensure supply security at competitive prices for its customers, Ardova Plc, one of Nigeria’s leading integrated downstream oil and gas companies, has entered into a bulk purchase agreement with Dangote Refinery. This was revealed in a statement by the Head of Brands and Corporate Communications, Ardova Plc, Grant Onome on Monday….
This has happened as a result of the student body’s insistence on carrying out the organized statewide demonstration against the rise in petrol prices. The National Association of Nigerian Students (NANS) leadership has declared that should the necessity arise, it is prepared to meet with President Bola Tinubu to discuss its demands for the reversal of…
