A potential petrol price drop Nigeria may be on the horizon as marketers react to plans by the Nigerian National Petroleum Company Limited to restart key refineries. Industry stakeholders say the development could increase local fuel supply and reduce pump prices across the country. NNPCL signs deal to revive refineries The Nigerian National Petroleum Company…
Petrol prices in Nigeria are rising again, with the petrol price Nigeria 2026 now approaching N1,400 per litre following a fresh adjustment by the Dangote Refinery. The latest increase reflects ongoing pressure in the global oil market and has triggered fresh concerns among businesses and consumers across the country. Petrol Price Nigeria 2026 Climbs Amid…
The Dangote Refinery has announced a Dangote petrol price increase, raising the cost of Premium Motor Spirit (PMS) to N1,275 per litre. The Dangote petrol price increase comes amid operational changes and rising global crude oil prices, sparking concerns about further fuel cost hikes nationwide. Details of the Dangote petrol price increase Data from industry…
The Petrol price March 2026 increased to an average of N1,288.54 per litre, according to the latest report released by the National Bureau of Statistics. The new figure reflects the continued rise in fuel costs across Nigeria and adds fresh pressure on households, transport operators, and businesses already dealing with high living expenses. NBS Data…
Dangote Group is subsidising petrol and diesel prices in Nigeria, according to a senior official of the company. The Dangote refinery petrol subsidy was disclosed on Monday, with the official stating that the company’s ex-depot petrol price remains below the competitive market rate. Petrol Price Below Market Level The official, who spoke anonymously due to…
Rising fuel prices in Nigeria are placing increasing financial pressure on households and businesses, as the cost of transportation, food, and essential services continues to climb. In recent months, the steady increase in petrol prices has contributed to higher living expenses across the country, affecting both individuals and business owners. Why Fuel Prices Are Increasing…
