The Nigerian National Petroleum Company Limited (NNPCL) has categorically rejected claims of a price agreement concerning Premium Motor Spirit (PMS), commonly referred to as petrol, with the Independent Petroleum Marketers Association of Nigeria (IPMAN) or any other entities. This clarification comes in the wake of remarks made by IPMAN President Abubakar Maigandi, who suggested that … Read more
The Nigerian National Petroleum Company Limited (NNPC) has agreed to sell Premium Motor Spirit (PMS), commonly known as petrol, to the Independent Petroleum Marketers Association of Nigeria (IPMAN) at a rate of N995 per litre. This follows the intervention of the Department of State Services (DSS) in resolving the conflict between both parties. EDITOR’S PICKS … Read more
The Nigerian National Petroleum Corporation (NNPC) has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS). PMS has been reduced from N113.28k per litre to N108.00K per litre across all its products loading facilities. This was contained in a statement issued by the corporation’s spokesman, Dr. Kenny Obateru in Abuja on Wednesday. … Read more