PMS Archives

Protests Erupt In Delta As Prices Hit Record Highs, Tinubu Under Fire

On Wednesday, commercial tricycle operators, commonly known as ‘Keke riders,’ joined by market women and local youths, took to the streets of Warri and Effurun in...

NEWS2 years ago

We’re Selling Petrol At Half The Landing Cost, Which Is Not Subsidy – NNPC

The Nigerian National Petroleum Company (NNPC) Ltd has addressed concerns regarding the pricing of petrol, stating that it is currently selling Premium Motor Spirit (PMS) at...

Energy3 years ago

FX Pressure: Nigerians Fear Another Petrol Pump Price Increment

The continuous flogging of the local currency, naira by major global currencies, since the removal of subsidy on Premium Motor Spirit (PMS), also known as petrol...

Business3 years ago

FG Reports Monthly Drop In Fuel Consumption

The Federal Government has announced that the total volume of Premium Motor Spirit (petrol) consumed throughout the country in the first half of 2023 reached...

Makinde Wins Polling Unit, Sweeps Adelabu’s Polling Unit

NEWS3 years ago

Makinde Appoints New Chairman Of PMS

Alhaji Oluwatomiwa Omolewa, a former park management system (PMS) secretary in the state of Oyo, has been named the new chairman of the PMS by...

Seyi Makinde, the governor of Oyo State's convoy was involved in an accident, and one of the vehicles' drivers was killed in a collision. When the governor was traveling back to Ibadan from Saki, where he had gone to attend a town hall meeting with PDP members ahead of his reelection campaign, three other people in the convoy also sustained injuries. Ramon Mustapha, the driver, reportedly died instantly after being thrown from his car as it finally came to rest after bouncing around several times. Another source said the late driver smashed his head in the unfortunate accident. The Oyo State government is yet to react to this incident.

NEWS3 years ago

Why I Sacked Auxiliary – Makinde Breaks Silence

Following the conflict of interest that developed between Governor Seyi Makinde and Alhaji Mukaila Lamidi, aka Auxiliary, the former head of the Park Management System’s...

Nigeria is not refining crude locally – NNPC GMD

Energy3 years ago

PMS Subsidy Gulps Over N400bn Monthly – NNPCL

The amount being spent by the Federal Government on subsidising Premium Motor Spirit (PMS), being consumed locally has exceeded the N400 billion mark. Group Chief Executive...

Without subsidy Nigerians would have been paying N900 per litre of PMS, says IPMAN

NEWS4 years ago

Without subsidy Nigerians would have been paying N900 per litre of PMS, says IPMAN

From John Danjuma The Independent Petroleum Marketers Association of Nigeria (IPMAN) has commended President Muhammadu Buhari for sustaining the subsidy on Premium Motor Spirit without...

IPMAN backtracks, says members will sell PMS at N165 per litre

NEWS4 years ago

IPMAN backtracks, says members will sell PMS at N165 per litre

***Asks Nigerians to stop panic buying By John Akubo The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked Nigerians to stop panic buying the...

Energy4 years ago

Fuel subsidy gulps N1.03tn

…NNPC to deduct N199bn from November Proceeds By Edozie Obasi-Eze Subsidising Premium Motor Spirit (PMS), popular in Nigeria as petrol, between January and October 2021,...