The lingering battle between the Dangote Petroleum Refinery and petroleum marketers over the importation and pricing of Premium Motor Spirit (PMS), popularly known as petrol, has taken a fresh turn, with the refinery considering restrictions on supplies to major marketers that continue to import the product. The proposed measure, which could t...
Petrol prices have increased across Abuja, with independent petroleum marketers attributing the latest adjustment to repeated increases in the gantry price of Premium Motor Spirit (PMS) by the Dangote Refinery. The Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chief Chinedu Ukadike, said market...
Dangote Petroleum Refinery and Petrochemicals FZE has increased the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective today, Wednesday, August 26, 2026. In an official communication to customers issued yesterday, the refinery’s Group Commercial Operations announced revised depot prices for gantry and coas...
•Tinubu and Dangote Refinery The federal government is currently in a closed-door meeting with management of the Dangote Refinery and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), as it pushes for a fair reduction in the price of Premium Motor Spirit (PMS) or petrol nationwide. Our correspondent reported that t...
•A fuel attendant A Financial Economist, Dumebi Oluwole, has explained why the recent drop in global prices of Brent from over $100 per barrel pre-war level to about $72 has yet to reflect at fuel pumps across the country. In Nigeria, the development has seen even the federal government calling for a reduction in prices […]
Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (petrol) to ₦1,350 per litre, up from ₦1,275. The new increase marks a fresh upward adjustment in Nigeria’s downstream fuel market. A report by Petroleumprice.ng quoting market sources said that the new pricing template has been confirmed, and Proforma Invoice was suspen...
The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre, reversing its earlier increase amid a sharp drop in global crude oil prices triggered by geopolitical developments. The latest adjustment represents a N75 reduction from the previous price of about N1,275 pe...
The Dangote refinery reduced its ex-gantry petrol price to ₦1,075 per litre today, representing a ₦100 drop from the previous rate of ₦1,175 per litre. Dangote Group’s Chief Communications Officer, Anthony Chiejina, told Channels Television on the phone that petrol supplied through coastal distribution will now sell at ₦1,050 per litre, report...
The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has risen to as high as N1,040 per litre in Lagos and N1,080 per litre in Abuja, following fresh adjustments by fuel marketers. The increase comes barely a day after the Dangote Refinery raised its ex-gantry price of petrol to N995 per litre, […]
The Dangote Petroleum Refinery has announced a new petrol petrol, an increase by over N100 per litre. The changes followed the rise in crude oil price to $80 per barrel in the international market. Marketers, including MRS Oil Nigeria Plc and Ardova Plc, will now have to adjust their pump prices. The new price was […]
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.
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