NIPSS Assures Nigerians Petrol Prices Will Drop to ₦750 as Local Refineries Begin Operations
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April 1, 2025
The National Institute for Policy and Strategic Studies (NIPSS) has assured Nigerians that the price of Premium Motor Spirit (PMS), also known as petrol, will decrease as Dangote Refinery and other local refineries begin operations. Before the removal of…
NBS: Local Refineries Produce 1.46 Billion Litres of Petrol
October 3, 2024
Nigeria’s refining capacity has been severely impaired, resulting in minimal domestic petrol production. According to the National Bureau of Statistics, between 2015 and 2019, the country produced only 1.46 billion liters of petrol. This amount is…