DATE
DATE
FX Rate
FX Rate
PMS
PMS
AGO
ATK
AGO
ATK
April 16, 2025
April 16, 2025
1,599.80 NGN/USD
1,599.80
NGN/USD
868.21 NGN/Litre
868.21
NGN/Litre
967.68
NGN/Litre
1,008.54
NGN/Litre
967.68 NGN/Litre
1,008.54 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.
[wpdatachart id=”30″][/wpdatachart]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.
[wpdatachart id=”31″][/wpdatachart]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.
[wpdatachart id=”32″][/wpdatachart]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).
[wpdatachart id=”33″][/wpdatachart]