Premium Motor Spirit – InfoStride News

DPR deploys inventory tool to check PMS diversion among 33,000 stations

Temitope Nlewemchi — Fri, 06 Aug 2021 21:43:46 +0000

…sets December deadline for fuel stations’ DRMS registration As subsidy costs weigh down government interventions due to rising consumption of premium motor spirit (PMS) occasioned by smuggling and sharp practices in the downstream sector, the Department of Petroleum Resources (DPR) has set a December deadline for filling stations to register on its Downstream Remote Monitoring [...]

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DPR Set To Tackle Erring Marketers Who Sell Above Official Pump Price

Kunle Atiba — Sat, 02 Jan 2016 11:09:40 +0000

The Assistant Director of Public Affairs in the Department of Petroleum Resources (DPR), Mrs Dorothy Bassey, disclosed yesterday in Lagos that DPR has read the riot act to filling stations who sell petrol above official pump price of #86.50k and #86 respectively. “We have put effective monitoring teams in place that will go out to monitor the [...]

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Minister Discloses Nigeria’s Refineries Repositioned To Produce 10m Litres Of Petrol Daily

Ade Adewale — Mon, 28 Dec 2015 00:18:50 +0000

The Minister of State for Petroleum and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Ibe Kachikwu, disclosed that the nation’s refineries had been repositioned to produce not less than 10 million litres of Premium Motor Spirit (PMS), popularly known as petrol, per day. He stated this yesterday during his official visit to Kaduna [...]

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Nigerian Senate Gives NNPC Two Weeks To End Fuel Scarcity

Wale Adebayo — Fri, 27 Nov 2015 11:50:52 +0000

The Nigerian National Petroleum Corporation (NNPC) and all the agencies under the Ministry of Petroleum Resources has just two weeks to end petroleum products’ scarcity in the country. This is according to the Senate which gave the order on Thursday. The red chamber also said notable sharp practices including discrepancies in prices of petroleum products, [...]

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NNPC Warns Against Panic Buying Over Fuel Scarcity

Wale Adebayo — Sun, 15 Nov 2015 11:21:55 +0000

The Nigerian National Petroleum Corporation (NNPC) on Friday stated that it has enough stock of Premium Motor Spirit (PMS), also known as petrol, to serve the needs of Nigerians across the country for about 17 days. The corporation urged Nigerians to desist from panic buying of the product. Speaking in Abuja on the fuel supply [...]

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Seven Oil Thieves Get 84 years Imprisonment

Wale Adebayo — Sat, 31 Oct 2015 17:03:17 +0000

Seven men found guilty of illegal dealing in 1,459 metric tonnes of Premium Motor Spirit (PMS), popularly called petrol, will spend a total of 84 years in prison. Justice Okon Abang of the Federal High Court sitting in Lagos, yesterday, convicted the men to a jail term of 12 years each, after the Judge found [...]

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