•A fleet of trucks are seen lifting petrol at Dangote refinery The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦890 to N825 per litre, effective February 27, 2025. The slash in price by ₦65.00 was announced in a statement […]...
Retail outlets owned by the Nigerian National Petroleum Company Limited have effected an upward adjustment in the pump price of the Premium Motor Spirit, also known as petrol, from N965 to N990 per litre in the Federal Capital Territory. The new price template effected nationwide today also increased NNPCL price in Lagos from N925 to […...
•Dangote Refinery Sequel to a consistent surge in the price of Brent, the global benchmark for crude, the Dangote Petroleum Refinery has communicated an upward adjustment in the price of Premium Motor Spirit, also known as petrol, to its customers. In an email statement obtained by our correspondent today, the refinery announced that its refin...
•Fuel pump The loading cost of Premium Motor Spirit (petrol) and other refined petroleum products at the depots increased yesterday. It was gathered that marketers raised petrol and diesel prices at depots by N43 or 4.74 per cent due to the rising crude oil prices, reports The PUNCH. Recall that the cost of Brent, the […]
Social media users have continued to express mixed reactions to the news of a reduction in the company price of Premium Motor Spirit (PMS), also known as petrol. Dangote Refinery, today, announced a reduction in its PMS price to N899.50 per litre, stating that the move was aimed at offering relief to Nigerians during the […]
•NNPCL trucks lining up for petrol loading at the Dangote Refinery Dangote Petroleum Refinery says it has reduced the price of its petrol to N899.50K per litre to provide relief for Nigerians ahead of the Christmas and New Year holiday season. In a statement, the company’s spokesman Anthony Chiejina said the price reduction is designed [&helli...
•PENGASSAN National President, Festus Osifo The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. This update was pro...
•Port Harcourt refinery Oil marketers have outlined the conditions that will make them patronise the newly rehabilitated Port Harcourt Refinery Company in Rivers State. PHRC, under the management of the Nigerian National Petroleum Company Limited, must dispense its refined petroleum products below the prices of the Dangote Petroleum Refinery, ...
The resuscitation of Port Harcourt refinery and the coming of the DanÂgote refinery may not bring about a drastic crash in fuel prices expected by Nigerians. The expectation can only be realised until there is a reduction in crude oil prices at the internaÂtional market and naira gains at the foreign exchange market, an expert […]
Leaders of Nigeria Labour Congress, NLC, and their Trade Union Congress of Nigeria, TUC, counterpart are currently meeting with the federal government. It was gathered that meeting is centered on the state of the nation, especially the petrol pricing and its consequences, reports Vanguard. According to sources, the meeting is taking place at t...
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