Search results for "Petrol"
We Don’t Fix Petrol Prices, NMDPRA Insists
….opens channels to report “exploitative” petrol pricing, smuggling The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it does not fix petrol pump prices under the Petroleum Industry…
BREAKING: FG announces 30-day discount window on petrol sold by NNPC
The Federal Government says it is offering a discount on petrol sold by the Nigerian National Petroleum Company Limited (NNPCL) for the next 30 days. The post BREAKING: FG announces 30-day discount window on petrol sold…
Why we can’t fix petrol pump prices — NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that it does not set petrol pump The post Why we can’t fix petrol pump prices — NMDPRA appeared first on Tribune Online.
Outrage as petrol pump price hits N1,400
HERE are shockwaves among motorists and businesses as petrol pump price climbed to as high as N1,400 per litre in parts of the country barely 24 hours after Dangote Petroleum Refinery increased its petrol gantry price…
NMDPRA Decries N1,500 Petrol, Says Pricing Governed By Unrestricted Free Market Provisions in PIA
Emmanuel Addeh in Abuja The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday explained that pricing of petroleum products in the downstream petroleum sector was governed by the…
Dangote supplies 71% of Nigeria’s petrol as imports plunge
Dangote Petroleum Refinery supplied 71 percent of petrol received in Nigeria in August, driving a sharp shift away from imports read more Dangote supplies 71% of Nigeria’s petrol as imports plunge
NNPC discount measure for petrol pump price has Tinubu’s backing – Presidency
The Presidency on Thursday explained that the measure taken by the Nigerian National Petroleum Company Limited (NNPCL) to forgo its petrol retail profit margin and sell to Nigerians at cost to cushion the impact of…
2027: I’ll reduce petrol price to N300/litre if elected – Donald Duke
“The subsidy regime thing—this whole thing is a scam. I’m going to price petroleum products for..." The post 2027: I’ll reduce petrol price to N300/litre if elected – Donald Duke appeared first on Tribune Online.
Petrol Discount Will Ease Transport, Food Costs, Says PETROAN
…Seeks 30% allocation to its members The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said the federal government’s 30-day petrol discount scheme will help reduce transportation costs…
Petrol imports fall 26% to 14.6 million litres daily in August — NMDPRA
Nigeria’s daily average petrol imports fell by 26% to 14.6 million litres in August 2026, from 19.7 million litres in July, according to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The…
Dangote adjusts petrol price 6.7% to N1,350/litre
By Udeme Akpan, Energy Editor The Dangote Petroleum Refinery has increased its Premium Motor Spirit, PMS, popularly known as petrol, gantry price by 6.7 per cent to N1,350 per litre from N1,265 per litre, effective…
Dangote stops petrol sales to fuel importers
The Dangote Petroleum Refinery has stopped selling petrol to major marketers who import fuel, accusing them of blending its product with imported grades. Read More:…
Dangote Refinery raises petrol gantry price by N85 to N1,350/litre
…Brent tops $107 Dangote Petroleum Refinery has raised its Premium Motor Spirit gantry price by N85 per to N1,350 per read more Dangote Refinery raises petrol gantry price by N85 to N1,350/litre
Dangote refinery raises petrol gantry price to N1,350
Dangote Petroleum Refinery has increased the gantry price of petrol to N1,350 per litre, marking the fourth upward review since August 21. Read More:…
Petrol price volatility causing us billions in losses, Nigerians not sympathetic, oil marketers say
Oil marketers have lamented that Nigerians are not sympathetic to the losses they incur due to volatility in the downstream petroleum sector. The post Petrol price volatility causing us billions in losses, Nigerians not…
NNPC incurs N11.2 trillion cost on behalf of FG, eclipsing petrol subsidy bill
The Nigeria National Petroleum Company Limited (NNPC) booked N11.2 trillion in receivables from the Federation in 2025 for costs and read more NNPC incurs N11.2 trillion cost on behalf of FG, eclipsing petrol subsidy…
NMDPRA says it cannot fix petrol prices, steps up surveillance against price-gouging
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it cannot fix petrol pump prices, but will step up surveillance against price-gouging and other exploitative practices amid the…
Petrol Subsidy Financially Unsustainable for Nigeria, Lokpobiri Tells Obi, Atiku
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has criticised presidential candidates who support petrol subsidy, calling the policy financially unsustainable for Nigeria.Lokpobiri spoke at the…
NMDPRA approves fresh petrol import permits despite rising Dangote output
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has cleared six marketers to import a combined 830,000 metric tonnes read more NMDPRA approves fresh petrol import permits despite rising…
Dangote cuts petrol price by N25 as crude prices ease
Dangote Petroleum Refinery has cut the price of Premium Motor Spirit by N25, nine days after raising its ex-gantry price read more Dangote cuts petrol price by N25 as crude prices ease
IPMAN Seeks Wider Petrol Allocation To Marketers, Backs Dangote Refinery IPO
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the Dangote Petroleum Refinery and Petrochemicals to widen its direct allocation of Premium Motor Spirit (PMS) to cover all registered…
NMDPRA threatens licence revocation for petrol stations under-dispensing products
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has warned petrol station operators nationwide that persistent or serious cases of under-dispensing could lead to sanctions, including…
Find out more as NNPC reduces petrol prices nationwide
The NNPCL has reduced petrol prices in Lagos and Abuja by up to N25 per litre following Dangote Petroluem Refinery’s latest N25 gantry price cut.
NMDPRA Opens Channels To Report Exploitative Fuel Pricing, Under-dispensing
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it does not fix petrol pump prices under the Petroleum Industry Act (PIA) 2021. The statement comes days after organised labour…
Petrol cheaper in Nigeria than US, many African countries — Minister
Nigeria’s petroleum minister says petrol is cheaper in the country than in the US, Ghana, and South Africa, defending the government’s deregulation policy. Read More:…
Nigeria’s petrol exports surge sixfold, near N1tn
Nigeria earned N998.50bn from petrol exports, known as motor spirit (ordinary) or Premium Motor Spirit, in the first six months of 2026. Analysts say the Dangote Petroleum Refinery’s ramp-up and the war in Iran turned a…
Petrol price rises in Abuja as Dangote increases gantry rate
Petrol prices are rising in Abuja after Dangote Petroleum Refinery increased its gantry rate, leading to higher costs at filling stations and inflation fea Read More:…
Find out more as Dangote refinery names 20 companies cleared to buy its petrol
Dangote Refinery has approved 20 petroleum marketers, including MRS, TotalEnergies, A.A Rano, and NNPC Retail, to purchase petrol under its new arrangement.
Petrol hits N1,395/litre as Dangote hikes price again
Petrol pump prices have jumped to N1,395 per litre after the Dangote Petroleum Refinery increased its gantry price to N1,350, citing rising crude oil costs Read More:…
NMDPRA speaks on petrol price rise, regulatory action
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it is aware of the financial pressure caused by the recent increase in petrol prices, but maintains that it does not fix pump prices…
Find out more as Dangote increases petrol price, announces new rate
Dangote Petroleum Refinery has raised its petrol price, prompting some marketers to increase pump prices as global crude oil prices continue to climb.
NMDPRA approves 830,000-tonne petrol imports amid Dangote legal battle
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple oil marketers ahead of the fourth quarter of 2026,…
NMDPRA Moves against Under-dispensing at Petrol Stations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stepped up enforcement against the under-dispensing of petroleum products at retail outlets across the country, warning operators that…
Abuja filling stations increase petrol prices
The latest adjustment followed an N85 increase in Dangote Petroleum Refinery’s gantry price, from N1,265 to N1,350 per litre. The post Abuja filling stations increase petrol prices appeared first on Premium Times…
Nigeria@66: How to qualify as NNPC Retail offers N66 per litre discount on petrol
The Nigerian National Petroleum Company (NNPC), through its retail arm, NNPC Retail, has announced a ₦66-per-litre discount on petrol purchases at its stations across Nigeria to mark the country’s 66th Independence…
Brent Crude Hits $107 As Petrol Prices Face Fresh Increase
Nigeria may face another petrol price increase as international crude oil prices surged to $107 per barrel on Thursday from about $100 the previous day, raising fresh concerns over the cost of refined petroleum…
Dangote petrol price rises by N185 in three weeks
Dangote Petroleum Refinery has increased its petrol gantry price to N1,350 per litre, marking a total increase of N185 in just 22 days. Read More: https://punchng.com/dangote-petrol-price-rises-by-n185-in-three-weeks/
Petrol Hits N1,400/Litre in Abuja Amid Dangote Refinery Ex-Depot Increase
The pump price of petrol in Abuja has climbed to as high as N1,430 per litre, as marketers adjust their prices following an increase in the ex-depot price by the Dangote Petroleum Refinery. The Dangote refinery raised…
NIGERIA DAILY: Why Are Petrol Prices Rising Despite Dangote Refinery?
DOWNLOAD HERE: The Dangote Refinery was expected to transform Nigeria’s petroleum industry by increasing local refining and reducing the country’s dependence on imported petrol. NIGERIA DAILY: How Are Nigerian Parents…
FG to negotiate ₦1,350 petrol price ceiling as global oil shock drives pump prices
The Minister said the Federal Government is negotiating a ₦1,350 per litre ceiling on the ex-gantry or landing cost of petrol to limit price volatility amid rising global crude oil and refined petroleum product prices.…