The Port Harcourt Refining Company (PHRC) has scaled down its operations to enhance the facility while resuming limited product distribution, including Premium Motor Spirit (PMS), kerosene, and diesel. This development comes as independent petroleum marketers challenge the proposed price of N1,030 per litre for petrol from the refinery, citing concerns over affordability compared to alternatives … Read more
The Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have finalized an agreement for the weekly supply of 60 million litres of Premium Motor Spirit (PMS). This deal coincides with a marginal reduction in fuel prices at IPMAN member filling stations nationwide, according to the association’s spokesperson, Chinedu Ukadike, who provided an … Read more
The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has announced that seized petrol in Adamawa State will be auctioned at ₦630 per litre. This decision was disclosed during a press conference on Wednesday, October 9, 2024, in Yola, the capital of Adamawa State. Represented by the Deputy Comptroller-General of Customs, Aliyu Alajogun, Adeniyi … Read more