The NBS has revealed the average price of petrol in November. Eko Hot Blog reports that the National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (NBS), better known as Petrol, in November 2022, was N202.48. EDITOR’S PICKS Unfazed By Attacks, INEC Vows To Advance With 2023 … Read more
The federal government has denied plans to hike the fuel price amid a nationwide scarcity. Eko Hot Blog reports that the federal government of Nigeria says it has no intention of increasing the price of Premium Motor Spirit (PMS), popularly called petrol, at this time. EDITOR’S PICKS Buckingham Palace Official Resigns After Racist Comments To … Read more
The cost of Premium Motor Spirit, popularly called petrol, has risen to as high as N200/litre at depots, which means that motorists should brace up to buy PMS above N200/litre at filling stations. Eko Hot Blog reports that on Monday, PMS cost, which was about N178 to N185/litre recently, had been jerked up by private … Read more
Kyari Has Revealed When Nigeria Will Stop Importing Petroleum Products EKO HOT BLOG reports that The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari has given a definite timeframe for Nigeria to totally stop importing petroleum products. Speaking on Tuesday during a press briefing at the … Read more
Fuel Scarcity: Petrol Sells At N220 Per Litre In Kaduna EKO HOT BLOG reports that the lingering scarcity of Premium Motor Spirit (PMS) otherwise known as petrol has continued to bite harder in several parts of Kaduna state, as the pump price of the product has risen as high as N220 per litre. … Read more
Buhari Government Has Spoken On Increasing fuel Price EKO HOT BLOG reports that the Muhammadu Buhari-led government has again denied that it increased the pump price of Premium Motor Spirit, popularly called petrol, above the regulated cost of N165/litre. Minister of State for Petroleum Resources, Timipre Sylva, disclosed this on Monday at an event organised … Read more
Stored petrol aided Inferno at Bodija market – Fire service …we discovered that grinding machines were in most of the shops with some kegs of petrol, which contributed to the spread of the inferno EDITOR’S PICK Sanwo-Olu Unveils GAC Showroom, All-New GS4 Sanwo-Olu Reveals Why Ogun And Lagos Residents Must Remain United Nigeria’s Future Relies … Read more
Marketers sell petrol at N185/litre in Abuja …..urged the National Assembly to immediately enact a Bill for the establishment of Energy Bank for easy transaction in petroleum products in the sector EDITOR’S PICK BREAKING: Gunmen Attack Residence Of LP Guber Candidate, Lasun [PHOTO] JUST IN: Tragedy As Heavy Flood Sweeps Lexus Jeep, 4 Occupants Away … Read more
Oil marketers explained that Nigeria’s inability to give a definite figure on the amount of petrol it consumes daily was due to the continued smuggling of PMS The Minister said the truth was that if the country’s petroleum products were smuggled outside the country, nobody could say what volume was involved EKO HOT BLOG reports … Read more
The Lagos State Commissioner of Police, Abiodun Alabi, had ordered the arrest following a viral video in which kegs of petrol were seen being distributed as a souvenir She was arraigned on four counts bordering on conduct likely to cause a breach of peace EKO HOT BLOG reports that the Lagos State Special Offences (Mobile) … Read more
Ogbulu was arraigned on Monday on a four-count charge of distributing petrol as souvenir during her installation party on March 5, 2022 Recall that hours after the video of the party went viral, the Lagos State Government had announced that it is investigating the incident… EKO HOT BLOG reports that Lagos socialite, Ogbulu Chindinma Pearl, … Read more
Long queues have persisted at filling stations in major parts of the country, including Lagos State This has led to a hike in the cost of petrol with some motorists buying at the cost of over ₦200 per litre EKO HOT BLOG reports that the Lagos State Government has announced that it is investigating a … Read more
Nigerians are again enduring the anguish of scarcity of petroleum products, especially the Premium Motor Spirit (PMS) popularly known as petrol which is most commonly used by motorists as well as business owners, and consequently the infiltration of adulterated fuel in the black Market. Unending queues have formed at filling stations across the nation over … Read more
Kyari stressed that the company was not aware of the presence of methanol in the imported fuel… EKO HOT BLOG reports that the Nigerian National Petroleum Company (NNPC) has restated that the recent importation of adulterated Premium Motor Spirit (PMS), popularly known as petrol, into the country was not deliberate. It added that there was … Read more
Adeyemi made the announcement as a precautionary measure as the situation worsens in Abuja, Lagos, and some parts of the country… EKO HOT BLOG reports that the Nigerian National Petroleum Company (NNPC) has directed all its depots and outlets to begin 24 hours operations to address the fuel scarcity across the country. NNPC Group Executive … Read more
News Agency of Nigeria said fuel supply improves in some retail outlets it monitored on Friday in the state were opened and dispensing fuel. EKO HOT BLOG reports that the availability of Premium Motor Spirit (PMS), also known as petrol, is improving in Lagos State, after days of scarcity of the product. Some petroleum products … Read more
Another fuel scarcity looms as Petrol transporters gradually halt operations over low freight rates EKO HOT BLOG reports that transporters of Premium Motor Spirit (PMS), also known as petrol, on Thursday, said that the statewide scarcity of PMS was partly attributable to truck owners’ gradual suspension in operations. They said many PMS transporters have ceased … Read more
NNPC has revealed names of companies Supplying bad petrol in the country. EKO HOT BLOG reports that the Nigerian National Petroleum Company (NNPC) Limited has uncovered the identity of companies responsible for importing bad petrol into the country which has led to an acute shortage of the product across the country. Read Also: Adulterated Fuel: Ownership … Read more
The Nigerian National Petroleum Company Limited (NNPC) has imported and taken delivery of 300 million litres of Premium Motor Spirit to close the supply gap created in the country by the withdrawal of the wrong petrol grade. Farouk Ahmed, the chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said this on Wednesday in … Read more
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says that a limited quantity of Premium Motor Spirit (PMS), known as Petrol, with methanol quantities above Nigeria’s specification was discovered in the supply chain. NMDPRA said to ensure vehicular and equipment safety, the limited quantity of the impacted product has been isolated and withdrawn from … Read more