The national president of the Petroleum Retailers Outlets Owners Association of Nigeria, Billy Gillis-Harry explained in an interview, about the recent hike in petrol prices to between N930 and N960 per litre from N860 and N880 in Dangote Refinery’s partners, MRS filling stations, and others. He also emphasises that Nigerians will have to buy petrol … Continue reading PETROAN President Speaks on Dangote Refinery – and Why Fuel Price May Hit N1,000
According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month. A fleet of trucks are seen lifting Premium Motor Spirit, known as petrol, at the refinery located in the Ibeju-Lekki area of Lagos State. The Dangote Petroleum Refinery on Sunday announced a reduction in its price … Continue reading Dangote Refinery selling petrol at ₦970 per litre to marketers
As fuel consumption plummets nationwide due to soaring prices, oil marketers have expressed concerns over significant losses, with around 10,000 oil dealers about to shut down. Data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority indicate that fuel consumption dropped to 4.5 million litres per day in August 2024, down from 60 million litres … Continue reading Fuel price hike: 10,000 marketers may shut down
The Nigerian National Petroleum Company Limited, NNPCL, said fuel stations are to operate longer hours for supply and distribution of the Premium Motor Spirit, PMS, also known as petrol. It called on fuel stations to aid availability of the product in view of the current tight situation. The NNPCL said the turnaround period of PMS … Continue reading Fuel scarcity: NNPC says filling stations will operate longer hours to improve supply
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