•Peter Obi The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has once again rallied Nigerians to be united, saying the nation won’t make progress without unity. Obi spoke yesterday during an NDC Global Digital Townhall, where the former governor fielded questions on issues affecting Nigerians and the party’s strat...
•PETROAN national president, Billy Gillis-Harry and petrol nozzle The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has directed its members nationwide to immediately inspect their dispensing meters following concerns raised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over under-dispen...
Households in Nigeria are facing yet another squeeze as the price of Liquefied Petroleum Gas (LPG) rose to N1,600 per kilogramme in Lagos yesterday, with consumers in other parts of the Southwest region paying up to N1,500, adding a fresh burden to families already grappling with a spike in transportation costs following recent petrol pump [&h...
•Scene of the accident A tanker loaded with 45,000 litres of Premium Motor Spirit overturned at Isimi, Epe, Lagos State, today, spilling its contents onto the roadway. The Lagos State Emergency Management Agency disclosed this in a statement signed by its Permanent Secretary, Olufemi Oke-Osanyintolu. The agency said no life was lost and no inj...
•Adebayo and Tinubu Presidential Candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo, has warned that the price of Premium Motor Spirit PMS, commonly known as petrol, could soar to ₦5,000 per liter if President Bola Tinubu secures a second term in office. Adebayo, in a press statement, said that the current administration’s ...
Dangote Petroleum Refinery and Petrochemicals is considering restricting sales of Premium Motor Spirit (PMS) to major marketers that continue to import petrol into Nigeria, amid concerns over product quality, market transparency and the integrity of products supplied under the Dangote brand. However, the Chief Executive Officer (CEO), Centre f...
•Fuel pump Petroleum marketers may require about $1.84 billion every month to purchase petrol, diesel and aviation fuel from Dangote Petroleum Refinery following the company’s decision to price refined petroleum products in dollars, a development analysts warned could increase pressure on Nigeria’s foreign exchange market, test liquidity posit...
Dangote Petroleum Refinery’s decision to price Premium Motor Spirit (PMS), diesel and aviation fuel in U.S. dollars has sparked widespread debate about its implications for fuel prices and exchange rate market. While the announcement triggered fears of an immediate increase in petrol prices, the reverse is actually the case, reports Daily Trus...
Global oil prices have fallen to levels last seen before the US-Iran war, raising expectations among consumers and businesses for a corresponding reduction in the price of petrol. However, pump prices across Nigeria have largely remained unchanged, prompting concerns over the pace at which global market gains are being transmitted to domestic ...
•PETROAN President, Billy Gilly-Harris Oil marketers have called for liberalisation of the downstream sector, where other players with licenses will be allowed to import more Premium Motor Spirit (PMS) or petrol into the country. National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-H...

