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Tag: Petrol

Fuel price reduction announced

Posted on November 13, 2024

News Update THE Independent Petroleum Marketers Association of Nigeria has announced that Premium Motor Spirit (Petrol) price will be slashed by N50 upon lifting Dangote Petrol directly. The National President of IPMAN,…

Fuel Price To Drop As Petrol Landing Cost Reduces

Posted on November 11, 2024

News Update Nigeria’s landing cost of Premium Motor Spirit (Petrol) dropped to N971 per litre in November 2024. This is according to the latest data released by the Major Energies Marketers Association….

Confusion As Dangote speaks on selling petrol at high price

Posted on November 2, 2024

News Update Dangote Refinery on Saturday tagged as fake the allegation that it sells petrol between N1, 015 and N1, 028/litre. Some oil marketers had reportedly on Friday said the price of…

Marketers: Why We Aren’t Buying Petrol From Dangote Refinery

Posted on October 31, 2024

News Update THE Independent Petroleum Marketers Association of Nigeria, IPMAN, has said it is still negotiating with the refinery on terms for the lifting. President of the Refibery, Alhaji Aliko Dangote, has…

Tinubu to Nigerians: Subscribe to petrol at N1,000/litre or CNG for N200

Posted on October 23, 2024

News Update President Bola Tinubu says Nigerian motorists can now purchase a litre of Premium Motor Spirit, also known as petrol, at N1,000 per litre. The president also noted that the equivalent…

New Fuel Price Expected As NNPC Sell To Marketers At Fresh Rate

Posted on October 15, 2024

News Update THE Nigerian National Petroleum Company Limited has set the price of Premium Motor Spirit (petrol) at N995 per litre for the Independent Petroleum Marketers Association of Nigeria. This decision emerged…

Controversy as Dangote Refinery snubs oil marketers on direct petrol lifting

Posted on October 8, 2024

News Update THE Dangote 650,000 barrels per day Lagos-based refinery has ignored oil marketers’ call on direct lifting of its Premium Motor Spirit (petrol). The President of the Independent Petroleum Marketers Association…

Fuel scarcity looms as NNPCL shuts down petrol purchase portal

Posted on October 3, 2024

News Update Petroleum marketers have raised an alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase of Premium Motor Spirit (Petrol) has been shut down against dealers,…

Fuel Price: Petrol landing cost in Nigeria reduces

Posted on October 1, 2024

News Update THE cost of landing petrol in Nigeria dropped from N981 per litre on September 25, 2024, to N945.63 per litre by September 27, following the recent appreciation of the naira….

BREAKING: Petrol landing cost drops, new price emerged

Posted on September 27, 2024

The landing cost of Premium Motor Spirit, popularly called petrol, has dropped to N981/litre, according to data released by the Major Energies Marketers Association of Nigeria on Thursday.   The petrol landing…

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