By Joke Kujenya THE NIGERIAN National Petroleum Company (NNPC) Limited announced it has increased the price of petrol to N950 per litre in Abuja, up from N880, and to N925 per litre in Lagos, from N860, effective April 2, 2025. The price hikes follow rising global oil prices, fluctuations in the exchange rate, and adjustments […]
By Jemimah Wellington, JKNewsMedia Reporter THE PRICE of Premium Motor Spirit (PMS) has dropped significantly, following the Nigerian National Petroleum Company Limited’s (NNPCL) decision to lower its ex-depot price from ₦1,020 to ₦899 per litre. This action comes amid rising competition in the deregulated downstream petroleum sector. Dr Josep...
By Jemimah Wellington, JKNewsMedia Reporter A REDUCTION in the price of Premium Motor Spirit (PMS), lowering it to N899.50 per litre has been announced by Dangote Refinery. The company says this move aims to alleviate the burden on Nigerians as transportation costs typically spike during the festive season. Anthony Chiejina, the Group Chief Br...
By Bola BOLAWOLE IT IS a terrible thing when a man’s expectations are cut off. Proverbs 23: 18 says: “For surely there is an end; and thine expectation shall not be cut off” (King James version). Proverbs 24: 14 also says: “So shall the knowledge of wisdom be to thy soul: when thou hast found […]
By Joke Kujenya NIGERIA IS set to see a major shift in fuel supply as the Dangote Refinery prepares to start distributing Premium Motor Spirit (PMS). The first batch of petrol is scheduled to be loaded Sunday, marking a significant milestone in local fuel production. This was confirmed by Mr. Wale Edun, the Minister of […]
By Joke Kujenya THE NIGERIAN National Petroleum Company Limited (NNPC Ltd) has addressed recent allegations by the Muslim Rights Concern (MURIC) regarding its relationship with Dangote Refinery Limited (DRL). MURIC had claimed that recent changes in the pump price of Premium Motor Spirit (PMS) were designed to prevent DRL from offering competi...