Dangote Refinery has announced another reduction in the price of Premium Motor Spirit, PMS, or petrol. The company disclosed this in a statement by its spokesperson, Anthony Chiejina, released on its official X account on Thursday. The oil firm reduced its petrol ex-depot price to N899.50 per litre, down from N970. “…We have now announced … Continue reading Dangote Refinery reduces petrol price
Good afternoon from MEZIESBLOG! Here is today’s summary from Nigerian newspapers: 1. Reports have emerged that more than 200 suspects who were linked with terrorism activities in different parts of the country have been convicted by the Federal High Courts, FHC, in the country after they were found guilty of the offences. Some of the suspects, … Continue reading Top news from Nigeria today
According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month. A fleet of trucks are seen lifting Premium Motor Spirit, known as petrol, at the refinery located in the Ibeju-Lekki area of Lagos State. The Dangote Petroleum Refinery on Sunday announced a reduction in its price … Continue reading Dangote Refinery selling petrol at ₦970 per litre to marketers
As fuel consumption plummets nationwide due to soaring prices, oil marketers have expressed concerns over significant losses, with around 10,000 oil dealers about to shut down. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicate that fuel consumption dropped to 4.5 million litres per day in August 2024, down from 60 million litres … Continue reading Fuel price hike: 10,000 marketers may shut down
Good morning from MEZIESBLOG! Here is today’s summary from Nigerian newspapers: 1. Records of all Point of Sale (PoS) transactions are to be submitted every month henceforth, the Central Bank of Nigeria (CBN) said on Thursday. The apex bank has already directed two licensed Payment Terminal Service Aggregators (PTSAs) – Nigeria Interbank Settlement System PIc (NIBSS) … Continue reading Top news from Nigeria today
The long walk to solving Nigeria’s oil and gas crisis took a fresh twist on Thursday, when the Vice President of Dangote Industries Limited, Devakumar Edwin accused local petroleum marketers of boycotting Dangote Refinery’s petrol despite offering lower prices. Edwin speaking during an X space session organised by Nairametric on Thursday said only 3 percent … Continue reading PMS, NNPCL counter Dangote Refinery on boycott claims over lower pricing
Oil marketers will soon resume importation of Premium Motor Spirit (PMS), popularly known as petrol into Nigeria as the Federal government moves to end the Nigerian National Petroleum Company Limited (NNPCL)’s monopoly of importation. This sequel to a meeting the marketers: Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Marketers Association of … Continue reading Oil Marketers in Nigeria to Resume Fuel Importation
Nigerian famous entertainer and socio-political activist Charles Oputa, known by his stage name, Charly Boy, has thrown his weight behind the decision of President Bola Tinubu to remove fuel subsidy. There has been public outcry over the skyrocketed new pump price of petroleum products following the removal of the subsidy. The Petroleum Motor Spirit, PMS, … Continue reading Charly Boy backs Tinubu administration on fuel subsidy removal
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