•Fuel scarcity The Nigerian National Petroleum Company Limited (NNPCL) has confirmed fuel supply and distribution challenges in some parts of Lagos and the Federal Capital Territory (FCT) but promised to work on restoring normalcy. “The NNPC Ltd. wishes to state that the tightness in fuel supply and distribution witnessed in some parts of Lago...
•Petrol dispenser The landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024, the Major Energies Marketers Association of Nigeria announced yesterday. MEMAN disclosed this during a webinar with journalists yesterday. The association revealed that the landing cost of diesel was N1,157/litre, wh...
•Dangote Refinery Petrol will roll out from Dangote Refinery next month, Dangote Group and Chief Executive Officer, Dangote Petroleum Refinery, Alhaji Aliko Dangote said yesterday. According to him, the crisis over supply of crude from the International Oil Cooperations (IOCs)has been resolved following the intervention of the Nigerian Nationa...
Nigerian Customs Service, Sokoto/Zamfara command has today auctioned 56,164 litres of Petroleum Motor Spirits seized from smugglers in Sokoto. Speaking while declaring the exercise open, the Controller of the command, Kamal Muhammed, said the exercise was in compliance with the directives Comptroller General of Customs, Bashir Adewale, aimed a...
•Petrol scarcity The scarcity of petrol that started in the Federal Capital Territory(FCT) six days ago has spread to Lagos. Yesterday, motorists at Nigeria’s commercial hub, spent hours at the few filling stations selling the product, reports The Nation. An on-the-spot assessment by our reporters showed that many of the stations that dispense...
•Dangote refinery Experts believe that prices of petrol and diesel may not crash significantly despite the commencement of production at the Dangote Petroleum Refinery. With the removal of subsidy on petrol in May 2023, the price per litre of petrol jumped from around N184 to over N600 depending on the location. Diesel also sells for […...
The average price of Premium Motor Spirit (PMS), also known as petrol, shot up by 223.21 per cent to approximately ₦770 per litre in May 2024 from ₦238.11 per litre recorded in the corresponding period of 2023, according to data from the National Bureau of Statistics (NBS). The statistics bureau disclosed this in its report, […]
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The threat comes following current nationwide scarcity which has seen prices of Premium Motor Spirit (PMS), also known as petrol, surge to betw...
•Petrol scarcity Acute shortage of petrol in Lagos, Abuja and other parts of the country has begun crippling economic activities across the country. Tongues are wagging as to how the horror has persisted for close to two weeks and has defied solutions currently being administered by the government, reports Daily Sun. The price of the […...
•Petrol scarcity Motorists in Lagos are currently contending with acute shortage of Premium Motor Spirit (PMS), popularly called petrol over what industry observers described as massive drop in import level. Their counterparts in Abuja and many parts of the north are currently agonising as they now sleep at filling stations to get the vital pr...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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