Premium Motor Spirit
Tracked across 4 events · 152 articles · First seen May 06, 2026 · Last active Aug 15, 2026
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Business
Impact: The price of Premium Motor Spirit (petrol) has been repeatedly reduced by Dangote Petroleum Refinery, offering relief to consumers and influencing pump prices across Nigeria.
May 26, 2026 · 120 articles
Regulatory
The Nigeria — Nigeria Customs Service (NCS) Nigeria — Federal Operations Unit Zone A (FOU A) announced the interception of 220 consignments of prohibited and smuggled goods valued at N3.24 billion (duty-paid value) and the…
Impact: Seizure of PMS prevents fuel smuggling, which can affect domestic fuel supply and pricing.
Aug 10, 2026 · 6 articles
Domestic
The Nigeria — Nigeria Customs Service, Ogun I Area Command, intercepted smuggled goods with a combined duty-paid value of N3.57 billion between June 24 and August 13, 2026. The seizures included 6,035 parcels of cannabis,…
Impact: Premium Motor Spirit (PMS) was seized, indicating fuel smuggling. This may affect local fuel supply and pricing, but the impact is limited.
Aug 13, 2026 · 6 articles
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