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Amid local supply gaps, marketers, refineries export 505, 000 tons of petrol, diesel, earn $432.35m in one month
Shipping data obtained from the Nigerian Ports Authority (NPA) has disclosed that an estimated 505,000 tonnes of Premium Motor Spirit (PMS) or petrol, and Automotive Gas Oil (AGO) or diesel worth $432.35 million was exported by marketers and local refineries to…
Petroleum products’ pump prices continue rise nationwide in May, as diesel records 86% increase — NBS
Latest Price Watch data released by the National Bureau of Statistics (NBS) has shown that May pump prices of the three major petroleum products continued to rise compared to same period last year. The NBS data disclosed that diesel recorded the…
Petrol pump prices jump by over 55% in May, hit N1, 596/ltr
Latest data released by the National Bureau of Statistics (NBS), Wednesday, has shown that the average retail pump price of Premium Motor Spirit (PMS) or petrol jumped by 55.31 per cent year-on-year to N1,596.25 per litre in May 2026, from…
Local refineries reach 48mlpd PMS production – FG
Federal Government has disclosed that local production of premium motor spirit (PMS) or petrol has hit 48 million litres per day (lpd). petrol Special Adviser to the President on Oil and Gas, Mrs Olu Verheijen, who disclosed this at the…
NBS: Petrol, cooking gas continue price surge in April
National Bureau of Statistics (NBS) has said that the average pump price of a litre of premium motor spirit (PMS), also known as petrol, witnessed a surge from N1,288.54 in March to N1,532.93 in April. This is also the agency…
Petrol prices rise by 22.55% — NBS
National Bureau of Statistics (NBS) has disclosed in its Price Watch report for March 2026, that the average retail price of premium motor spirit (PMS) also known as petrol rose to N1,288.54, representing a 2.13 per cent year-on-year increase…
