The Port Harcourt refinery, which resumed operations on Tuesday, has been touted as a crucial step in reducing Nigeria’s reliance on fuel imports ... “So, for the PMS, the volatility rate ...

Retail outlets owned by the Nigerian National Petroleum Company Limited have increased the pump price of Premium Motor Spirit, PMS, from N965 to N990 per litre in the Federal Capital Territory.

With lower PMS prices, motorists will spend less on fuel, leading to increased disposable income. “Lower fuel prices will stimulate economic growth by reducing production costs and increasing ...

The disappointed Plateau residents added that instead of reduction, transport fares were rather increasing in spite of the ...