Dangote Petroleum Refinery has increased its Premium Motor Spirit gantry price by N100, pushing the ex-depot rate to N874 per litre from N774, in a move that is expected to trigger fresh…
Tag: Petrol
Dangote Cuts Petrol Price
News Update Dangote Refinery has slashed its Premium Motor Spirit, PMS, gantry price to N774 per liter, down from N799, in a strategic move to edge out fuel importers in Nigeria. The…
Like Dangote, NNPCL Increases Petrol Price
THE Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to ₦835 per litre in Lagos, and ₦839 per litre in Abuja. The national oil company made the price adjustment across…
NNPC Reduces Petrol Price Again
News Update THE Nigerian National Petroleum Company Limited has again reduced the pump price of petrol at its retail filling stations. On Monday morning, January 5, observations made in Abuja showed that…
NNPC Reduces Petrol Price
THE Nigerian National Petroleum Company Limited (NNPC) has reduced petrol prices at its retail stations in Lagos, Abuja, and other states by at least N20 per litre. Current pump prices now range…
Nigerian Govt Suspends Proposed 15% Import Duty on Petrol, Diesel
News Update THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday said it is no longer considering implementing the planned 15 per cent duty on imported petroleum products. The development…
Tinubu okays 15% import duty on petrol, diesel
News Update President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), also known as petrol. In a letter dated October 21, 2025, Damilotun…
New Fuel price surfaces as marketers resume loading at Dangote Refinery
Petroleum products marketers in Nigeria say the price of premium motor spirit, known as petrol, would drop in coming days as Dangote Refinery resumes loading of the product to members. The president…
Nigerians to pay more for fuel, here’s why
Nigerians have to pay more to purchase premium motor spirit, known as petrol, as prices skyrocketed in some Nigerian filling stations in the nation’s capital, Abuja, on Monday. Nigerian National Petroleum Company…
Fuel price hike announced
THE Independent Petroleum Marketers Association of Nigeria has announced that its members would effect a petrol price hike nationwide as Dangote Refinery suspended sales of petrol in Naira. The National President of…