Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS) or petrol and Automotive Gas Oil (diesel) following a sharp upward movement tied to international crude market pressure. From $105 per barrel on Monday, Brent crude jumped to $118 yesterday, and to $125 per barrel as of the time of filing this report. […]
•Dangote Refinery loading bay Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery has increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the devel...
•Kunle Afolayan Nollywood filmmaker and businessman Kunle Afolayan has cried out over the rising cost of diesel in the country. The 51-year-old director said the cost of diesel is quietly bleeding his businesses dry, disclosing that he spends ₦11 million on fuel every four to five weeks. Afolayan, who owns and operates the KAP Film […]...
•People scooping diesel and the fallen tanker A tanker loaded with diesel has fallen on the Liverpool Bridge in the Apapa area of Lagos State, spilling its contents on the road. The incident, which occurred today, saw residents of the area scooping the inflammable contents without considering the associated risks, reports Channels TV. Disclosi...
•Tinubu President Bola Ahmed Tinubu, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), today said the federal government is no longer considering implementing the controversial 15 per cent duty on imported petroleum products. The development was announced by the Director, Public Affairs Department, NMDPRA, ...
•Tinubu President Bola Tinubu has approved a 15 percent ad-valorem import duty on diesel and premium motor spirit (PMS), also known as petrol. This was announced in a letter dated October 21, 2025, where the private secretary to the president, Damilotun Aderemi, conveyed Tinubu’s approval to the Federal Inland Revenue Service (FIRS) and the Ni...
•A fallen fuel tanker A tanker carrying 15,000 litres of Automotive Gas Oil (diesel) crashed and spilt its content at the Toll Gate area along the Ibadan-Ife Expressway. The incident occurredlast night when the driver reportedly lost control of the vehicle, causing it to somersault and veer off the road, reports The PUNCH. Chairman of [&hellip...
The federal government has announced the provision of new tax reliefs for deep offshore oil and gas production to boost investments in the sector. It also announced that the importation of key energy products and infrastructure, including diesel, feed gas, Liquefied Petroleum Gas, Compressed Natural Gas, electric vehicles, Liquefied Natural Ga...
Oil marketers have advocated for a reduction in the pump price of diesel to N700 per litre to help improve the distribution of petrol across the country. The President of the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Mr. Benneth Korie Doi, stated today in Abuja that the high cost of diesel used […]
The Senate yesterday raised an ad hoc committee to investigate the alleged dumping of substandard diesel in Nigeria and importation of hazardous petroleum products The resolution on the probe, which was passed as a matter of urgent public importance, followed a motion by Sen. Asuquo Ekpenyong from Cross River State yesterday, reports Nigerian ...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
© 2026 The Frontier, Published by Okims Media Links Limited.
designed by winnet services
