Fuel

1 Minute

National

Fuel: Nigeria’s depot owners hike prices

VAM News March 22, 2025

Nigeria’s petroleum products depot owners have increased premium motor spirit ex-depot prices. Data from the price template of several depot owners on Thursday showed that ex-depot prices of PMS are up by N25. Analyses...

2 Minutes

National

Inside Nigeria: ‘Increase in fuel prices looms’

VAM News January 13, 2025 0 Comment

News Update THE prices of refined petroleum products may rise in the coming days following the increase in the cost of Brent, the global benchmark for crude. Crude oil is a major commodity that...

1 Minute

Local News

Man Drives off Without Paying after Purchasing Full Tank Fuel In Ekiti

VAM News January 7, 2025 0 Comment

News Update A Nigerian man has sparked reactions online after purchasing fuel worth N58,548 at a filling station in Ekiti and fleeing without paying. The incident, shared in a viral post on X (formerly...

2 Minutes

National

Yuletide: President Tinubu Charged To Reduce Fuel Price

VAM News December 12, 2024 0 Comment

News Update Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has called on President Bola Tinubu to reduce thr price of premium motor spirit (PMS) also known as petrol...

1 Minute

Local News

Fuel Price To Drop As Petrol Landing Cost Reduces

VAM News November 11, 2024 0 Comment

News Update Nigeria’s landing cost of Premium Motor Spirit (Petrol) dropped to N971 per litre in November 2024. This is according to the latest data released by the Major Energies Marketers Association. The figure...

1 Minute

Business

Breaking: Fuel price to increase again as NNPC set to quit…

VAM News October 7, 2024 0 Comment

…as middleman in Dangote Refinery petrol purchase This means NNPC will no longer be the sole off-taker, and marketers can now negotiate prices directly with Dangote Refinery. With NNPC no longer covering the differential...

2 Minutes

National

Fuel scarcity looms as NNPCL shuts down petrol purchase portal

VAM News October 3, 2024 0 Comment

News Update Petroleum marketers have raised an alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase of Premium Motor Spirit (Petrol) has been shut down against dealers, making it...

2 Minutes

Business

Our petrol price is cheaper than NNPCL’s imported fuel – Dangote

VAM News September 24, 2024 0 Comment

Voice Air Media, News Update President of Dangote Group and Africa’s richest man has said that the price of Dangote Refinery’s petrol is 15 percent cheaper than the ones imported by the Nigerian National...

2 Minutes

National

Fuel: Nigerians buy petrol at N1,100 per litre

VAM News September 20, 2024 0 Comment

Voice Air Media, News Update Most filling stations in the Federal Capital Territory have implemented the Premium Motor Spirit (petrol) third pump price hike under President Bola Ahmed Tinubu’s administration. It was gathered on...

4 Minutes

National

Fuel: Marketers roll out conditions for Dangote Petrol, eye import

VAM News September 17, 2024 0 Comment

Voice Air Media, News Update Petroleum marketers in Nigeria say they are standing in limbo over the controversy surrounding Dangote Refinery Premium Motor Spirit (petrol) pricing as released by the Nigerian National Petroleum Company...