Premium Motor Spirit (PMS)

Product

Last mentioned: Mar 20, 2026

Timeline

Mar 21, 2026
Deadline Expiry

Expiration of the warning period for government intervention to prevent fuel scarcity.
Mar 19, 2026
Legislative Alarm

House Committee warns of 48-hour window to fix supply gaps at Dangote Refinery.
Oct 1, 2024
Crude-for-Naira Launch

The federal government begins the sale of crude oil to local refineries in Naira.
Aug 16, 2021
PIA Enactment

President signs the Petroleum Industry Act to reform the oil and gas sector.

Stories mentioning Premium Motor Spirit (PMS) 1

Nigeria Braces for Fuel Scarcity as Dangote Refinery Supply Hits Critical Low

The Nigerian House of Representatives has issued a 48-hour ultimatum to resolve crude supply deficits at the Dangote Refinery, warning of imminent fuel queues and price hikes. Despite being entitled to 21 cargoes, the refinery is reportedly receiving only five, a shortfall that threatens national energy security.

Mar 20, 2026 2 sources