DATE
DATE
FX Rate
FX Rate
PMS
PMS
AGO
ATK
AGO
ATK
September
18, 2025
September 18, 2025
1,498.98
NGN/USD
1,498.98
NGN/USD
869.99
NGN/Litre
869.99
NGN/Litre
1,005.40
NGN/Litre
990.15
NGN/Litre
1,005.40
NGN/Litre
990.15
NGN/Litre
Premium Motor Spirit, commonly known as petrol, gasoline or PMS is a refined petroleum product used primarily as fuel in internal combustion engines.
The landed costs were calculated based on the assumption of a 38KT vessel carrying PMS.
Automotive Gas Oil, also known as diesel or AGO, is a heavier petroleum product used in diesel engines, typically for commercial vehicles and industrial machinery.
The landed costs were calculated based on the assumption of a 20KT vessel carrying AGO.
Aviation Turbine Kerosene, ATK or jet fuel, is a highly refined type of kerosene used to power aircraft with turbine engines.
The landed costs were calculated based on the assumption of a 15KT vessel carrying ATK.
The landed costs for PMS, AGO, and ATK were calculated using this naira per dollar foreign exchange rate sourced from the Central Bank of Nigeria (CBN).