Petrol

The Independent Petroleum Marketers Association of Nigeria has rejected the ex-depot price of petrol by the Nigerian National Petroleum Company Limited. IPMAN President, Abubakar Maigandi, on Thursday urged the NNPCL to sell petrol to…
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The Centre for the Promotion of Private Enterprise (CPPE) has decried the recent increase in petrol prices, describing it as “ill-timed and insensitive” to Nigeria’s prevailing economic challenges. Muda Yusuf, chief executive officer…
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On Wednesday, the NNPC Limited (NNPCL) unveiled a new price regime, selling petrol for N1,030 in Abuja and N998 in Lagos. Similarly, the price of petrol has sharply increased in Kano, with NNPCL retail outlets selling petrol for as much…
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NNPC Limited retail stations and independent outlets started selling petrol as high as N1,065 per litre in Abuja, and N998 in Lagos among other new prices across Nigerian states, on Wednesday. This price hike comes after the NNPCL ended…
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The National Bureau of Statistics (NBS) has stated that Nigeria recorded a reduction in petrol importation following the removal of fuel subsidy by President Bola Tinubu in May 2023. It also said the total of fuel imports reduced to…
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Aliko Dangote, the founder of Dangote Petroleum Refinery, says this is the right time for the federal government to stop petrol subsidy. Dangote spoke during an interview with Bloomberg TV on Monday. “I think it is the right time to…
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Libya continues to offer the cheapest petrol in Africa, with the price of octane-95 gasoline (petrol) standing at 0.15 Libyan Dinar per litre, equivalent to approximately $0.032 or N52 as of September 16, 2024. This is according to a…
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The Nigerian National Petroleum Company Limited (NNPCL) has announced that the price of premium motor spirit (PMS), also known as petrol, may rise above N1,000 per litre in its retail stations. In a notice on Monday, NNPC Ltd released…
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The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Dangote Refinery sold petrol to it at N898 per litre. NNPCL began loading on Sunday, after moving about 300 trucks to the 650,000-capacity refinery in Lagos, on…
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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS) also known as petrol on Sunday. Edun, who was represented by the…
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