The Major Oil Marketers Association of Nigeria (MOMAN) yesterday said the regulated N165 pump price for Premium Motor Spirit (PMS), also known as petrol, is no longer realistic. Its Chairman, Olumide Adeosun, said it would be difficult to enforce any kind of price control mechanism on marketers who had to slightly adjust their prices based […]

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has insisted that it will not sell Premium Motor Spirit (PMS), otherwise known as petrol above N165 per litre. This was disclosed by IPMAN National President, Mr Chinedu Okoronkwo, on Wednesday in Abuja, after its Lagos branch insisted it will sell above the N180 price. IPMAN was […]

Fuel scarcity has returned to some parts of Lagos, as queues resurfaced in some filling stations along Lagos Ibadan expressway, Ikorodu road, and Ikoyi on Monday. This was confirmed by our analysts who visited some filling stations along the Lagos-Ibadan expressway, Ikorodu road, Lagos Mainland; Obafemi Awolowo way, Ikoyi and Obalende; Lagos Island on Sunday […]

Most filling stations in Abuja and neighbouring states of Nasarawa and Niger that dispensed Premium Motor Spirit, popularly called petrol, on Sunday were greeted with long queues. It was observed that many other outlets were shut as they claimed not to have products to dispense, a development that led to the crowding of the filling […]


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