Browsing: PMS

The Independent Petroleum Marketers Association of Nigeria (lPMAN) has commended Polaris Bank, Nigeria’s leading digital commercial Bank and Emadeb Energy Services Limited, one of Nigeria’s leading indigenous players in oil and gas, for their collaborative efforts and strategic partnership that resulted in the recent importation of 20,000 metric tonnes of premium motor spirit (petrol) into the country. 

The National Publicity Secretary of the main opposition party, Debo Ologunagba, in a statement, described the new price as provocative and extortionate, adding that the recent increment worsened the already suffocating economic situation under the leadership of the APC.

In a statement signed by Mallam Garba Deen Muhammad, Group General Manager, Group Public Affairs Division, the NNPC said between January and August 2022, “the total volume of Premium Motor Spirit (PMS) imported into the country was 16.46 billion litres, which translates to an average supply of 68 million litres per day.