Tag: Petrol Price
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Dangote refinery slashes petrol loading cost
The Dangote Petroleum Refinery has quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol from N825 per litre to N815 per litre.
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Motorists happy as NNPC reduces petrol price(See new price)
Motorists happy as the Nigerian National Petroleum Company Limited (NNPCL) has reduced the price of petrol at its retail stations from N960 to N945 per litre. The new price took effect on Thursday, February 13, following directives from the company. At an NNPC filling station in Ejigbo, attendants confirmed the price change, noting an increase…
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BREAKING: Dangote Refinery reduction in petrol price, now N970 per litre
The Dangote Group has announced a reduction in the price of its Premium Motor Spirit (PMS) to N970 per liter. This was contained in a statement issued by Anthony Chiejina, the Group’s Chief Branding and Communications Officer, on Sunday. Chiejina stated that the refinery has lowered its petrol price for marketers from N990 to N970…
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Lokpobiri gives reason for hike in petrol price after meeting with Shettima
Sen. Heineken Lokpobiri, Minister of State (Oil) Petroleum Resources, on Thursday, said the Federal Government was not responsible for the recent increase in the price of petrol across the country. The minister said this while briefing State House correspondents after a meeting with Vice-President Kashim Shettima.
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Reps minority caucus condemns hike in petrol price
The Minority Caucus of the House of Representatives has condemned the recent increase in the price of petrol by the Nigerian National Petroleum Corporation (NNPC). Rep. Kingsley Chinda, the leader of the minority caucus in the House, said this in a statement on Thursday in Abuja.
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Dangote Refinery denies N600 per litre price of petrol speculation
Dangote Limited on Tuesday night denied fixing the price of petrol from its refinery based in Lagos State at ₦600 per litre. The Group Chief Branding and Communications Officer, Anthony Chiejina, in a statement titled ‘ We have not fixed Petrol Price’ disclosed that it has not fixed any price for petrol, and IPMAN is not…
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See why Petrol will now sell for N630.63 – NBS
The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023. It made the declaration in its Petrol Price Watch for October 2023 released in Abuja on Wednesday.
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How petrol price jumped from N189 in Aug 2022 to N626 in Aug 2023
The National Bureau of Statistics (NBS), says the average retail price of a litre of Petrol increased from N189.46 in Aug. 2022 to N626.70 in Aug. 2023.
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FACT CHECK: New PMS price review not authorised by NNPC
Following weeks of fuel scarcity in some parts of the country, reports emerged Tuesday that the Nigerian National Petroleum Company (NNPC) Limited had “quietly” approved an upward review of the pump price of Premium Motor Spirit (PMS). According to reports, the directive which was allegedly issued by the NNPC to fuel marketers varied according to…
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Bayelsa pegs petrol price at N230 per litre from N300 per litre
As fuel scarcity continued unabated nationwide, Bayelsa has directed that no fuel station should sell petrol above N230 per litre as against the national price of N165 per litre. Inaugurating a monitoring team on the pricing and distribution of petroleum products in the state, the deputy governor, Mr Lawrence Ewhrudjakpo, also directed that no consumer…