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Journal articles on the topic 'Premium Motor Spirit (PMS)'

Author: Grafiati

Published: 5 June 2025

Last updated: 2 August 2025

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1

Onojake, M. C., Leo C. Osuji, and N. Atako. "Behavioural characteristics of adulterated Premium Motor Spirit (PMS)." Egyptian Journal of Petroleum 21, no. 2 (2012): 135–38. http://dx.doi.org/10.1016/j.ejpe.2012.11.004.

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2

Anazia, Kizito Eluemunor, Emmanuel Obiajulu Ojei, O. Jahswill Ekibade, and Rebecca Okeoghene Idama. "AN ENHANCED MODEL FOR PREMIUM MOTOR SPIRIT (PMS) PRICE PREDICTION AND MANAGEMENT IN NIGERIA USING MACHINE LEARNING." FUDMA JOURNAL OF SCIENCES 8, no. 6 (2024): 271–79. https://doi.org/10.33003/fjs-2024-0806-2926.

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Forecasting Premium Motor Spirit (PMS) prices accurately is crucial for economic stability and effective decision-making in Nigeria. Premium Motor Spirit (PMS), which is also known as petrol or fuel, plays a pivotal role in the country's economy, impacting transportation costs, inflation rates, and overall economic growth. However, the unpredictability of PMS prices prediction and management is influenced by factors like government policies, international oil markets, supply chain disruptions, stakeholders and interested cartels amongst others. This has created a constant price fluctuation, po

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3

Blessing Amabogha and Ebinimi Gbeinzi. "Comparative analysis of petroleum products from artisanal refineries and standard products." Global Journal of Engineering and Technology Advances 18, no. 3 (2024): 001–12. http://dx.doi.org/10.30574/gjeta.2024.18.3.0031.

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Physicochemical properties of artisanal refined premium motor spirit (PMS), artisanal refined Household Kerosene (HHK), regular refined HHK and regular premium motor spirit (PMS) sampled from the Eastern Kolo Creek and a tank farm depot in Delta State, Nigeria was investigated. This was to compare the physicochemical properties of the samples with each other and their compliance with American Society for Testing and Materials (ASTM) standards. The finding revealed that the artisanal refined products quality did not comply with ASTM standards. The research octane number, motor octane number, Re

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4

Blessing, Amabogha, and Gbeinzi Ebinimi. "Comparative analysis of petroleum products from artisanal refineries and standard products." Global Journal of Engineering and Technology Advances 18, no. 3 (2024): 001–12. https://doi.org/10.5281/zenodo.10948083.

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Physicochemical properties of artisanal refined premium motor spirit (PMS), artisanal refined Household Kerosene (HHK), regular refined HHK and regular premium motor spirit (PMS) sampled from the Eastern Kolo Creek and a tank farm depot in Delta State, Nigeria was investigated. This was to compare the physicochemical properties of the samples with each other and their compliance with American Society for Testing and Materials (ASTM) standards. The finding revealed that the artisanal refined products quality did not comply with ASTM standards. The research octane number, motor octane number, Re

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5

Aliyu, Aminu, Benjamin Chikwendu Onusiriuka, Yahaya Abdullahi Umar, and A. A. Haroun. "Biodegradation of Premium Motor Spirit using surfactant-expressing bacteria from mechanic workshops in Malumfashi, Katsina State, Nigeria." UMYU Journal of Microbiology Research (UJMR) 7, no. 1 (2022): 33–42. http://dx.doi.org/10.47430/ujmr.2271.006.

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This study was aimed at investigating the potential use of biosurfactant-expressing bacterial isolates in the biodegradation of premium motor spirit (PMS) at various concentrations (100-100,000ppm). The biosurfactant-expressing bacteria were isolated from mechanic workshop in Malumfashi, Katsina, Nigeria using standard techniques. The isolates identified belonged to the genera Acinetobacter, Bacillus, Micrococcus, Pseudomonas and Stenotrophomonas. These isolates were screened for biosurfactant expression using drop collapse, haemolysis, oil–water behavior assays and emulsification index test.

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6

Agbo, Sunday Ojogbane, Yemi-Peters Victoria Ifeoluwa, and Adewumi Sunday Eric. "Forecasting Premium Motor Spirit (PMS) and Energy Commodities Prices Using Machine Learning Techniques: A Review." UMYU Scientifica 1, no. 1 (2022): 194–203. http://dx.doi.org/10.56919/usci.1122.025.

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The instability of Premium Motor Spirit (PMS/Petrol) and other energy commodities prices, occasioned by volatile and dynamic movement of prices has been found to affect the cost of production in Nigeria. As a result, this paper studies current literature on the applications of machine learning techniques in forecasting PMS (Petrol) and other energy commodities prices. The review has been done through an electronic search of the published papers in the last 4 years (2019-2022). A total number of twenty-nine (29) publications on PMS (Petrol) and other energy commodities prices forecasting using

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7

Onojake, M. C., N. Atako, and L. C. Osuji. "The Effect of the Adulteration of Premium Motor Spirit (PMS) on Automotive Engines." Petroleum Science and Technology 31, no. 1 (2013): 1–6. http://dx.doi.org/10.1080/10916466.2010.524466.

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8

Obidiaso, Chukwuebuka P. "The Logistical Cost of Not Subsidizing Petroleum (PMS) in Nigeria's Oil Sector and Economy." International Journal of Innovative Science and Research Technology (IJISRT) 9, no. 2 (2024): 2. https://doi.org/10.5281/zenodo.10725465.

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Nigeria, as a prominent oil producer, grapples with challenges in managing subsidies for petroleum products, notably Premium Motor Spirit (PMS). This paper delves into the logistical ramifications of not subsidizing PMS in Nigeria's oil sector and economy. Through a thorough examination of transportation, distribution, and socio-economic factors, this study illuminates the adverse consequences of subsidy removal on the country's logistical infrastructure, inflation rates, and socio-economic well-being. The findings underscore the necessity of a comprehensive approach to subsidy reform that add

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9

Erinle, Tunji John, Emmanuel A. Oladimeji, and Abraham Adesina Emmanuel. "Evaluation of 2.5 Kilowatts Generating Plant Using Cooking Gas (LPG) as Fuel." Journal of Engineering and Earth Sciences (JEES), Nigeria 13, no. 1 (2020): 89–96. https://doi.org/10.5281/zenodo.7073506.

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Liquefied Petroleum Gas as a flammable hydrocarbon gases which is produced during natural gas processing and petroleum refining. The important of using Liquefied Petroleum Gas is more than employing as cooking fuel in the developing countries. The underutilization of this clean and environmental friendly gas had led to this study to evaluate its usefulness in powering household electric generator. This research work was aimed at investigating and evaluating to prove for the existence of the consumption rate of the Liquefied Petroleum Gas (LPG) compare with that of Premium Motor Spirit (PMS) fu

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10

Henshaw, Terry, and Ify Nwaogazie. "Setting Regulatory Limits for Sulphur Content in Premium Motor Spirit (PMS): A Case of Degraded Vehicles." Archives of Current Research International 7, no. 3 (2017): 1–17. http://dx.doi.org/10.9734/acri/2017/33241.

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11

Udonwa, N. E., E. K. Uko, B. M. Ikpeme, I. A. Ibanga, and B. O. Okon. "Exposure of Petrol Station Attendants and Auto Mechanics to Premium Motor Sprit Fumes in Calabar, Nigeria." Journal of Environmental and Public Health 2009 (2009): 1–5. http://dx.doi.org/10.1155/2009/281876.

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A population-based-cross-sectional survey was carried out to investigate the potential risk of exposure to premium motor spirit (PMS) fumes in Calabar, Nigeria, among Automobile Mechanics (AM), Petrol Station Attendants (PSA) and the general population. Structured questionnaire was administered on the randomly chosen subjects to elicit information on their exposure to PMS. Duration of exposure was taken as the length of work in their various occupations. Venous blood was taken for methaemoglobin (MetHb) and packed cells volume (PCV). Mean MetHb value was higher in AM (7.3%) and PSA (5.8%) than

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12

Kareem, S. O., O. O. Adegoke, S. A. Balogun, A. T. Afolabi, and S. B. Akinde. "Biodegradation of premium motor spirit (PMS) by lipase from Bacillus thuringiensis and Lysinibacillus sphaericus." Nigerian Journal of Biotechnology 33, no. 1 (2017): 34. http://dx.doi.org/10.4314/v33i1.5.

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13

Kareem, S. O., O. O. Adegoke, S. A. Balogun, A. T. Afolabi, and S. B. Akinde. "Biodegradation of premium motor spirit (PMS) by lipase from Bacillus thuringiensis and Lysinibacillus sphaericus." Nigerian Journal of Biotechnology 33, no. 1 (2017): 34. http://dx.doi.org/10.4314/njb.v33i1.5.

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14

Anderson U. Ezeibe, Emmanuel C. Nleonu, Kelechi G. Ubaka, Nadia Arrousse, and Brandy O. Nleonu. "Studies on excess molar volumes and viscosity deviations of binary mixtures of household kerosene and premium motor spirit at 303K." World Journal of Advanced Research and Reviews 12, no. 2 (2021): 616–20. http://dx.doi.org/10.30574/wjarr.2021.12.2.0588.

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Density and viscosity of binary liquid mixtures of household kerosene (HHK) and premium motor spirit (PMS) were determined over the entire range of mole fraction at 303K. Excess molar volume (VE), molar volume (Vm), Excess Viscosity (ηE), Viscosity deviations (Δη) and excess Gibbs free energies of activation of viscous flow (ΔGE) were calculated. The results obtained shows that excess free energy of activation were all positive over the entire mole fraction. The viscosity deviation shows both negative and positive values. The positive VE obtained in this study shows increase in volume in the b

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15

Kabiru, Yahaya, Yakubu Musa, B. Y. Isah, and Mukhtar Isah Ilyasu. "OIL PRICE FLUCTUATIONS AND MACROECONOMIC INDICATORS: AN ARDL AND NARDL APPROACH." Revista O Universo Observável 2, no. 1 (2025): 2–17. https://doi.org/10.69720/2966-0599.2025.00026.

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This study investigates the effects of oil price fluctuations on Nigeria’s macroeconomic indicators from 2015 to 2023, focusing on inflation and economic growth. Utilizing Autoregressive Distributed Lag (ARDL) and Nonlinear ARDL (NARDL) models, we analyze the short-term and long-term impacts of variables such as Premium Motor Spirit (PMS) prices, exchange rates, money supply, interest rates, and economic uncertainties. Results reveal significant short-term effects of oil price increases on inflation and GDP, with asymmetric influences observed in exchange rate movements. The long-term analysis

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16

Anderson, U. Ezeibe, C. Nleonu Emmanuel, G. Ubaka Kelechi, Arrousse Nadia, and O. Nleonu Brandy. "Studies on excess molar volumes and viscosity deviations of binary mixtures of household kerosene and premium motor spirit at 303K." World Journal of Advanced Research and Reviews 12, no. 2 (2021): 616–20. https://doi.org/10.5281/zenodo.5773530.

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Density and viscosity of binary liquid mixtures of household kerosene (HHK) and premium motor spirit (PMS) were determined over the entire range of mole fraction at 303K. Excess molar volume (V<sup>E</sup>), molar volume (V<sub>m</sub>), Excess Viscosity (η<sup>E</sup>), Viscosity deviations (Δη) and excess Gibbs free energies of activation of viscous flow (ΔG<sup>E</sup>) were calculated. The results obtained shows that excess free energy of activation were all positive over the entire mole fraction. The viscosity deviation shows both negative and positive values. The posi

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17

Ozigbu, Johnbosco Chukwuma, and Christopher Ifeanyi Ezekwe. "Economic Dilemma of Fuel Subsidy Removal in Nigeria." International Journal of Social Science Research and Review 8, no. 5 (2025): 24–34. https://doi.org/10.47814/ijssrr.v8i5.2633.

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In this study, we provide valuable insights into how the removal of fuel subsidy contributed to headline inflation in Nigeria from 2023 to February 2025. This is based on the premise that high prices of premium motor spirit (PMS), associated with the subsidy removal, tend to increase the costs of transportation, food, and production. Thus, we employ exploratory analysis, a least squares estimation, and Granger causality tests to quantify the contributions of PMS, household kerosene, and automotive gas oil (AGO) prices to headline inflation using time series data from the National Bureau of Sta

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18

Adedayo, Osunnusi Oluwaseun, Oke Michael Abidemi, Odekanle Ebenezer Leke, et al. "Gaseous Emission from the Combustion of Premium Motor Spirit (PMS) from the Kaduna Refinery and Petrochemical Company (KRPC) in Nigeria." Journal of Korean Society of Environmental Engineers 43, no. 5 (2021): 319–24. http://dx.doi.org/10.4491/ksee.2021.43.5.319.

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Objectives : This study characterizes the gaseous emission from the combustion of PMS of different volumes from Kaduna Refinery and Petrochemical Company.Methods : The E8500 plus combustion analyzer was used for gaseous emission characterization of different volumes. Oxygen (O2), Hydrocarbons (HC), carbon monoxide (CO), carbon dioxide (CO2), Oxides of Nitrogen NOx (NO, NO2), Sulphur dioxide (SO2), and Hydrogen Sulfide (H2S) were measured using the analyzer. The values were recorded and the descriptive statistics graph was plotted.Results and Discussion : The concentrations for the gaseous emis

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19

Oluwatayo, Isaac B., and Henrietta U. Ukpe. "Effect of Petroleum Pricing on Agricultural Production in Nigeria." International Journal of Agricultural and Environmental Information Systems 6, no. 3 (2015): 17–28. http://dx.doi.org/10.4018/ijaeis.2015070102.

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Nigeria is a dominant economic force in sub-Saharan Africa with a strong economy as well as booming oil and agricultural sectors. However, over-dependence on the production and export of oil as well as food imports has rendered the economy vulnerable to global price fluctuations. The increasing spate of fluctuations in the world price of oil affects not only the economic sector but also agricultural production. Despite the huge earnings from oil, Nigeria remains one of the most food insecure countries in the world. This study therefore estimates the effect of petrol or premium motor spirit (PM

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20

OLOGBENLA, Patrick. "Determinants of Domestic Energy Expenditure in Nigeria." International Journal of Scientific and Management Research 05, no. 08 (2022): 115–26. http://dx.doi.org/10.37502/ijsmr.2022.5811.

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The study investigated the factors that determine domestic energy expenditures in Nigeria. The price of the premium motor spirit PMS was used as a proxy for the domestic energy expenditure while oil output, oil importance, inflation, and exchange rate are sed as other independent variables. The model was analyzed using the Auto-regressive Distributed Lag method and the result confirms the existence of the long-run relationship between domestic energy expenditures and the determinants. Findings from the studies underscore the importance of an increase in domestic output of oil and a reduction i

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21

Maaji, Nura Iro. "Front Politics and Internal Democracy in National Protest Movement: A Study of the January 2012 Mass Action against Fuel Subsidy Removal in Kano, Nigeria." Journal of Social and Development Sciences 7, no. 4(S) (2017): 15–22. http://dx.doi.org/10.22610/jsds.v7i4(s).1500.

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Abstract: The paper examined front politics and internal democracy in national protest movement with emphasis on the January, 2012 mass action against fuel subsidy removal in Kano. In doing so, it utilizes survey research techniques - specialize interview, questionnaire, and participant observation, to find out the reason why people participate in the protest, the bases that led to the formation of united fronts, how the front was managed, and also how it impacted on the allied members. The paper found that, anticipated economic hardships that may follow removal of subsidy from Premium Motor S

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22

Oje, Obinna, Ikechukwu Onwurah, Bonaventure Obi, and Chibuike UBANI. "Isolation and Characterization of Gram Negative Hydrocarbonoclastic Bacteria and Fungi Strains from Non-Contaminated, Premium Motor Spirit (PMS) Contaminated and Refuse Environment." Journal of Environmental and Occupational Science 1, no. 3 (2012): 133. http://dx.doi.org/10.5455/jeos.20121114065419.

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23

Elehinafe, F. B., A. O. Mamudu, O. B. Okedere, and A. Ibitioye. "Risk assessment of chromium and cadmium emissions from the consumption of premium motor spirit (PMS) and automotive gas oil (AGO) in Nigeria." Heliyon 6, no. 11 (2020): e05301. http://dx.doi.org/10.1016/j.heliyon.2020.e05301.

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24

Ugwu, L. L. C., and E. F. Ude. "HISTOPATHOLOGICAL EFFECT OF CRUDE OIL FRACTIONS ON THE SKIN OF Heterobranchus bidorsalis JUVENILES." Continental J. Fisheries and Aquatic Science 6, no. 1 (2012): 19–25. https://doi.org/10.5281/zenodo.3526444.

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The histopathological effect of crude oil fractions on the skin of <em>Heterobranchus</em> <em>bidorsalis</em> (mean weight, 14.02 ± 0.36g) juveniles was studied. The exposure of the fish to 0.50, 1.00, 2.00, 4.00, 8.00 mL<sup>-1</sup> Bonny-light crude oil (BLCO), premium motor spirit (PMS), dual purpose kerosene (DPK), lubricating engine oil (LEO) and a control (0.00mL<sup>-1</sup>) indicated significant increases (P<0.05; P < 0.01) in the isoelectric points (IEP) of the skins of the fish with increasing oil concentrations. The exposure of the fish to BLCO elicited higher IEP va

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25

Ezuem, Moyotole Daniel, and Lilian Nkechi Ejeka. "Petroleum Product Price Adjustment and Nigeria’s Economic Performance (1984- 2023)." European Journal of Accounting, Auditing and Finance Research 12, no. 1 (2024): 1–17. http://dx.doi.org/10.37745/ejaafr.2013/vol12n2117.

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This study investigated the Petroleum Product Price adjustment and Nigeria's Economic Performance during the period 1984-2023. Employing secondary data and an Ex-post facto research design, the Auto-regressive Distributed Lag method for multiple regressions was utilized for analysis due to the stationarity characteristics of the variables. The petroleum products considered in this study were Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), and Dual Purpose Kerosene (DPK), while economic performance was assessed through the Gross Domestic Product (GDP) in Nigeria. Through the application o

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26

Saturday, Asha, and Ikebudu Kingsley O. "Design and Development of an Unmanned Fire Fighting Robot." Scholars Journal of Engineering and Technology 11, no. 03 (2023): 84–90. http://dx.doi.org/10.36347/sjet.2023.v11i03.009.

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Burning of markets places and petroleum products tank cars especially PMS (Premium Motor Spirit) is alarming. These havocs are not only because the fire fighters do not arrive early at such scenes but the fire had grown into inferno that denies accessibility. The design, development and implementation of an unmanned firefighting robot are done to achieve a tool that will eliminate risk for fire fighters and extinguish fire perfectly to save lives and property. Development of automation systems, mobile, fire resistant, and unmanned robot to fight fire is aimed at assisting fire fighters in figh

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27

O, Ikebudu Kingsley, Asha Saturday, and Alade Moses Aiyeoribe. "Development OFA Smart Sustainable Free Flywheel Base Energy System." Scholars Journal of Engineering and Technology 11, no. 03 (2023): 71–83. http://dx.doi.org/10.36347/sjet.2023.v11i03.008.

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Burning of markets places and petroleum products tank cars especially PMS (Premium Motor Spirit) is alarming. These havocs are not only because the fire fighters do not arrive early at such scenes but the fire had grown into inferno that denies accessibility. The design, development and implementation of an unmanned firefighting robot are done to achieve a tool that will eliminate risk for fire fighters and extinguish fire perfectly to save lives and property. Development of automation systems, mobile, fire resistant, and unmanned robot to fight fire is aimed at assisting fire fighters in figh

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28

Patrick, Ologbenla. "Determinants of domestic energy prices in Nigeria (1980-2020)." Resources and Environmental Economics 3, no. 2 (2021): 305–11. http://dx.doi.org/10.25082/ree.2021.02.006.

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The study examined the factors that influence the domestic prices of petroleum using the price of premium motor spirit (PMS) in Nigeria from 1980 to 2020. The study employed Autoregressive Distributed Lag model for the data analysis. The scope of the data used from the analysis of the study ranges from 1980 to 2020. The study found out that there exist a positive relationship between petroleum pump price and inflation and the result is statistically significant at 5% level of significance. The study also discovered that both oil output and oil import are the prime factors affecting the prices

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29

Elekanachi, Maraizu Stella, Wonu, Nduka, Onu, and Obineke Henry. "Multivariate Analysis and Modeling the Effect of the Gdp of Nigeria on the Petroleum Product Prices (1987-2018)." Journal of Mathematical Sciences & Computational Mathematics 3, no. 1 (2021): 50–65. http://dx.doi.org/10.15864/jmscm.3104.

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The study presented multivariate analysis and modeling of the effect of the GDP of Nigeria on the Nigerian petroleum product prices from 1987 to 2018. The petroleum products considered as the response variables were the Premium Motor Spirit (PMS(Y1)), Automotive Gas Oil (AGO(Y2)) and Dual Purpose Kerosene (DPK(Y3)) while the predictors were GDP(Z1), Total Reserve(Z2), External Debt(Z3), Gross National Expenditure(Z4) and GDP/Capita(Z5). These predictors were studied in pairs on the responses and also studied jointly with all the five predictors on the responses. Comparisons were made among the

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30

Amuji, Harrison Obiora, Donatus Eberechukwu Onwuegbuchunam, Kenneth Okechukwu Okeke, John Folayan Ojutalayo, Christy Chidiebere Nwachi, and Abdulmalik Muhammad Mustapha. "Shapley value cost allocation model for multimodal freight transport carriers." Transport technologies 2024, no. 1 (2024): 53–63. http://dx.doi.org/10.23939/tt2024.01.053.

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The downstream petroleum products distribution is beset with significant challenges due to ageing pipeline infrastructure, pipeline vandalism and other logistical constraints. These challenges have given rise to soaring pump prices of premium motor spirit (PMS), product shortages and unavailability across some locations in Nigeria. Thus, deploying alternative transport modes for PMS distribution is explored to improve product distribution efficiency. The decision to combine inland waterway transport (instead of pipeline network) and road transport modes would activate the intrinsic advantages

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31

Adepoju, Olusegun Onifade, Afolabi Quadri Balogun, and Ogola Daniel Bekesuomowei. "Impact of Fuel Subsidy Removal on Gross Domestic Product and Transportation Cost in Nigeria." European Journal of Theoretical and Applied Sciences 1, no. 5 (2023): 769–77. http://dx.doi.org/10.59324/ejtas.2023.1(5).63.

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This study identified economic problem arising from transportation cost due to removal of fuel subsidy in Nigeria. We therefore decided to collect secondary data from Statista, World Bank web link and prices of Premium Motor Spirit (PMS) from 2011-2023. Data on the three variables i.e GDP, the price of PMS and inflation rate were correlated to determine their level of relationships. Pearson Product Moment Correlation Coefficient was used to analyse the secondary data with the aid of SPSS software. The result from the analysis indicated that, inflation increased by 64% with increased fuel price

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32

Olusegun, Onifade Adepoju, Quadri Balogun Afolabi, and Daniel Bekesuomowei Ogola. "Impact of Fuel Subsidy Removal on Gross Domestic Product and Transportation Cost in Nigeria." European Jornal of Theoretical and Sciences 1, no. 5 (2023): 769–77. https://doi.org/10.59324/ejtas.2023.1(5).63.

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This study identified economic problem arising from transportation cost due to removal of fuel subsidy in Nigeria. We therefore decided to collect secondary data from Statista, World Bank web link and prices of Premium Motor Spirit (PMS) from 2011-2023. Data on the three variables i.e GDP, the price of PMS and inflation rate were correlated to determine their level of relationships. Pearson Product Moment Correlation Coefficient was used to analyse the secondary data with the aid of SPSS software. The result from the analysis indicated that, inflation increased by 64% with increased fuel price

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33

Danjuma, Irinyang, and Kingsley Amadi. "Oil Price Fluctuations and Ination Rate in Nigeria." International Journal of Operational Research in Management, Social Sciences & Education 10, no. 1 (2024): 250–68. http://dx.doi.org/10.48028/iiprds/ijormsse.v10.i1.17.

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This study examined effects of oil (crude and premium motor spirit (PMS)) price fluctuations on ination rate in Nigeria using annual time series data spanning from 1980 to 2023.Augmented Dickey Fuller (ADF) test was used for unit root test to avoid spurious regression estimates. In addition, the study employed Nonlinear Autoregressive Distributed Lag Model (NARDL) Bound test within the ARDL framework to capture asymmetries effects of oil price fluctuations on ination rate. The study further employed Granger causality test to assess for causal relationship among the variables. The NARDL Bound

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34

Lawal Abdullahi Oladimeji and Mahmoud Umar. "Fuel subsidy removal and welfare of the working class in Nigeria: Policy options for the state." Journal of Social Sciences and Management Studies 3, no. 2 (2024): 1–7. http://dx.doi.org/10.56556/jssms.v3i2.709.

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Subsidy provisioning has been a feature of market economies around the World since the end of the Second World War. In Nigeria, and other Third World countries, subsidy provision is a major instrument by which Government attempts to enhance the welfare of the masses. Over the years, successive governments in Nigeria have attempted to keep the prices of certain commodities affordable by providing one form of subsidy or the other. The Premium Motor Spirit (PMS) popularly known as Petrol in Nigeria is one of the commodities covered by subsidy until 29th May, 2023 when the newly inaugurated Presid

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35

Ewubare, Dennis Brown, and Ifeoma Osuji. "Energy Utilisation and Household Consumption in Rivers State." International Journal of Research and Innovation in Social Science VIII, no. XII (2025): 3005–14. https://doi.org/10.47772/ijriss.2024.8120249.

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In this study, the link between energy utilisation and household consumption was examined. The energy utilization comprised both solid and non-solid fuels such as electricity, liquified petroleum gas (LPG), premium motor spirit (PMS), kerosene and charcoal. A well-structured questionnaire was used to obtain the required primary data from a sample of 384 households across the three senatorial zones in Rivers State. The data analyses integrate both descriptive and inferential statistics with a focus on frequency counts, simple percentages, mean ratings and ordered logit regression analysis. The

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36

BELLO, Kehinde Mary, and Matthew Oladapo GIDIGBI. "COVID-19 Pandemic, Oil Slump and the Nigerian Economy." MANAGEMENT AND ECONOMICS REVIEW 7, no. 3 (2022): 438–53. http://dx.doi.org/10.24818/mer/2022.10-12.

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The COVID-19 pandemic came as a shock to the global economy and its impact was well felt. However, it came with the possibility of implementing structural policies and reforms. The pandemic slowed down economic activities in the global market and translated into crashed oil prices, which gave room for reforms such as subsidy removal. Nigeria maximized the opportunity to remove the full subsidy on petroleum products, especially Premium Motor Spirit (PMS). But the possibility was not last enough for the populace to enjoy. COVID-19 pandemic and its consequence on oil price had affected the Nigeri

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37

Oni, Olufemi, Jacob Sonibare, Bamidele Fakinle, et al. "Determination of Sulphur Dioxide (SO<sub>2</sub>) Air Emission of Refined Petroleum Products by Emission Factor Approach for Air Pollution Control." Journal of Energy, Environmental & Chemical Engineering 9, no. 2 (2024): 46–55. http://dx.doi.org/10.11648/j.jeece.20240902.11.

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Air pollution control is a safe method for achieving a sustainable environment and can be accomplished by adequately monitoring pollutants that pose significant environmental risks. The combustion of sulfur-containing petroleum products has been a major concern for several decades. Therefore, this study was aimed at determining sulfur levels in refined petroleum products such as Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), and Dual-Purpose Kerosene (DPK). It also investigated the air quality implications of sulfur levels and estimated the contribution of the refinery’s products to sul

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Musa, Yakubu, Ahmed Audu, and Sani Yahaya. "EXPLORING THE INFLATIONARY AND ECONOMIC EFFECT OF THE ABSENCE OF COINS IN TRADE (PMS) TRANSACTIONS IN NIGERIA: A DATA-DRIVEN APPROACH." FUDMA JOURNAL OF SCIENCES 8, no. 6 (2024): 587–97. https://doi.org/10.33003/fjs-2024-0806-2959.

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Coins are still widely used in financial transactions in various countries, including Nigeria, despite their economic importance. However, in Nigeria, people often do not realize how their attitudes and tastes toward coins' rejection contribute to inflation. This study employed the ARIMA model, the autoregressive (VAR) model, and the random forest machine learning method to analyze the impact of differentials from pump premium motor spirit (PMS) price changes on economic uncertainty and the inflation rate. The ARIMA model forecast showed that the absence of coins increases inflation for ahead

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Erediauwa, Adesuwa, and Salewa Olawoye. "The Dynamic Post COVID-19 World and Inflation: is Nigeria’s Monetary Policy Effective?" Journal of Business and Economic Studies 28, no. 2 (2024): 51–63. http://dx.doi.org/10.53462/vol28i2a4.

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Nigeria had relative success in tackling the Covid-19 and its attendant economic consequences. A complementary mix of superior monetary and fiscal policy interventions saw support for the real sector, as well as growth and strengthening for the financial sector. The monetary authorities used several mediums to inject funds into the economy, while the financial sector was the channel through which huge sums were injected into the economy. These interventions however came with their fair share of woes, as they were carried out against the backdrop of rising inflation and unemployment levels. The

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SALISU, Umar Obafemi, Simeon Oluwagbenga FASINA, Hazzan Tunde SHODUNKE, Ayobami Ademola AKANMU, Sekinat Motunrayo SANNI, and Samuel Oluwaseyi OLORUNFEMI. "INFLUENCE OF TRANSPORT OPERATIONS ON THE CHANGING LOCAL CLIMATE IN NIGERIA’S SOUTHWESTERN CITIES." Scientific Journal of Silesian University of Technology. Series Transport 121 (December 1, 2023): 203–22. http://dx.doi.org/10.20858/sjsutst.2023.121.13.

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The activities of transport operations exhibit both positive and negative outcomes. Its negative effects on human health and the sustainability of the environment are of interest in this study. As a result, the study investigated the influence of transport operations on the changing local climate in Nigeria's southwestern cities. It investigated motorists' socioeconomic status (SES) and travel characteristics; the salient components of transport operations contributing to greenhouse gas emissions (GHG emissions); the effect of GHG emissions from transport operations on the local climate; trans

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Adama, J.C., O.S. Ojedele, and K.J.. Simonyan. "EFFECTS OF MANUAL AND MECHANIZED AGRICULTURAL BUSH CLEARING METHODS ON FUEL CONSUMPTION OF TILLAGE MACHINERY IN THE DERIVED SAVANNAH ZONE OF NIGERIA." Journal of Agricultural Mechanization i (November 30, 2021): 67–74. https://doi.org/10.5281/zenodo.13155424.

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Economic and technical evaluations of crop production require quantifying and costing fuel consumption. Fuel, mainly premium motor spirit (PMS) and auto grade oil (AGO), are indispensable in mechanized crop production. In Nigeria, these products are not only scarce but costly requiring continued studies for optimizing the consumption. A field experiment carried out to determine the effects of two agricultural bush clearing methods on fuel consumption of tillage machinery in the derived Savannah zone of Nigeria is presented. The tillage operations carried out were ploughing, harrowing and ridgi

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Dare, A. A., Olanrewaju Olatunde, O. S. Ismail, A. S. Shote, O. J. Alamu, and M. A. Sulaiman. "INVESTIGATION OF MULTI-ZONE MODELS FOR SPARK IGNITION ENGINE FUELED WITH ETHANOL." IIUM Engineering Journal 22, no. 2 (2021): 339–51. http://dx.doi.org/10.31436/iiumej.v22i2.1550.

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This research is aimed at investigating the effect of using ethanol (E100) in multi-zone model analysis consisting of multi-combustion chamber zoning cases. The first case considered is a three-zone model that has an unburned zone, burned zone, and transitory zone. The second case model is also three-zone, consisting of an unburned zone and two partitioned burned zones. The burned zone was imagined partitioned into burned zone-1 and burned zone-2 under uneven fuel distribution having different equivalent ratios. The third case is a four-zone model including two regions of burned zone, an unbur

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DR., AMIEYEOFORI VALENTINE FELIX. "Petroleum Subsidy Removal and equitable socio-economic allocation of the benefits: A prescription for Nigeria." International Journal of Social Science and Humanities Research 11, no. 3 (2023): 83–101. https://doi.org/10.5281/zenodo.8223953.

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<strong>Abstract:</strong> The petroleum product subsidies intended to serve as a means of resource allocation to support the less privilege in the society, turned out to be a disappointment as, with most developing economies, the subsidy programme, turned out to be only beneficial to the rich and the middle class. The paper noted that the subsidy was fraught with massive corruption through smuggling and improper and inaccurate declaration of the actual quantity of petroleum product was being imported and subsidized. This all added to the colossal cost of over $30 billion as subsidy payment in

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Maku, Olukayode Emmanuel, S. Adetayo Adetowubo-King, and O. ,. Oyelade Aduralere. "IMPACT OF PETROLEUM PRODUCT PRICE ON HUMAN WELFARE IN NIGERIA." Scientific Journal of Polonia University 29, no. 4 (2018): 27–42. http://dx.doi.org/10.23856/2906.

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The single most important issue confronting a growing number of world economies today is the price of oil and its attendant consequences on economic output. Therefore the study investigated the impact of petroleum pump price on human welfare in Nigeria over the period 1990 to 2015. The study employed expost facto research design. Secondary time series data were used for the study and these were sourced from World Development Indicator (WDI, 2015) and Central Bank of Nigeria statistical bulletin, (CBN, 2015). The data collected were analyzed using autoregressive distributed lag. The inferences

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Abdullahi, Ibrahim Alhaji, Nteegah Alwell, and Ijeoma Kalu. "Does Petroleum Products Pricing Stimulate Economic Growth in Nigeria? An Empirical Investigation Applying ARDL Approach." International Journal of Research and Innovation in Social Science VIII, no. IV (2024): 1685–701. http://dx.doi.org/10.47772/ijriss.2024.804219.

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The rising prices of petroleum products and energy in Nigeria, coupled with a surge in poverty and a decline in living standards, necessitate an investigation into how the pricing of petroleum products has impacted Nigeria’s economic growth from 1990 – 2022. To achieve the purpose of the study, data on growth rate of gross domestic product, premium motor spirit price, automotive gas oil price, household kerosene price, compressed natural gas price and crude oil price were sourced from the World Bank and Petroleum Product Pricing and Regulatory Agency (PPPRA) and analysed by employing the Auto

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David, Ishaya, Jeremiah, Nteegah, Alwell, and Okodua, Henry. "Premium Motor Spirit Consumption and Environmental Sustainability in Nigeria." Asian Research Journal of Current Science 7, no. 1 (2025): 50–64. https://doi.org/10.56557/arjocs/2025/v7i1128.

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Abdullahi, Ibrahim Alhaji, Nteegah, Alwell, and Kalu, Ijeoma. "Petroleum Products Pricing and Price Stability in Nigeria: An ARDL Investigation." Asian Journal of Advanced Research and Reports 18, no. 5 (2024): 188–200. http://dx.doi.org/10.9734/ajarr/2024/v18i5647.

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This study employed the Autoregressive Distributed lag (ARDL) technique to investigate the effect of petroleum products pricing on price level in Nigeria over the period 1990 – 2022. In order to achieve the purpose of the study, data on inflation rate, price of premium motor spirit, price of automotive gas oil, price of household kerosene, price of compressed natural gas and price of crude oil were sourced from secondary source. The results of our analysis revealed that: in the long run, prices of Premium motor spirit and compressed natural gas retarded inflation level marginally while prices

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N., Kyarem Richard, and Felix Emmanuel Dodo. "IMPACT OF PETROLEUM PRODUCTS PRICE CHANGES ON PRICES OF FOOD ITEMS IN THE NIGERIAN ECONOMY." JOURNAL OF DEVELOPMENT ECONOMICS AND FINANCE 4, no. 1 (2023): 79–95. http://dx.doi.org/10.47509/jdef.2023.v04i01.05.

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There seems to be disequilibrium between food items and petroleum price changes in Nigeria. Every petroleum price change is followed by a rise in the prices of food items and increased poverty. This study therefore examines the impact of petroleum product price changes on the prices of food items in the Nigerian economy. Annual time series data from 1991 to 2021 are employed and the study adopt ARDL approach to determine the long-run and short-run relationship between the price of premium motor spirits and the price of food items in Nigeria. However, as it is reported by the unit root test the

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Bashir, Najeem O., and Kamilu A. Raheem. "Fuel Subsidy and Education Sector Financing in Nigeria: A Short-run Adjustment to Equilibrium Approach." Lapai Journal of Economics 8, no. 1 (2024): 86–99. http://dx.doi.org/10.4314/lje.v8i1.7.

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This study examined the impact of fuel subsidy on education sector financing in Nigeria from 1990 through 2023. Annual data were obtained from the Nigeria Petroleum Corporation and World Development Indicators, (WDI) on variables such as fuel subsidy, government expenditure on education sector, Oil Revenue, pump price of Premium Motor Spirit and secondary school enrolment in Nigeria. A bound cointegration test and ECM were employed. Granger test for causality was also used to ascertain the direction of causation in the series. The estimated error correction term, ECT (-1) is significant. There

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.K. Saliu, J. "Acute Toxicity of Premium Motor Spirit to the Guppy (Poecilia reticulata, Peters, 1859)." Pakistan Journal of Biological Sciences 10, no. 4 (2007): 679–81. http://dx.doi.org/10.3923/pjbs.2007.679.681.

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