Dangote Resumes Naira Petrol Sales, Raises Price to N1,215/Litre
Dangote Refinery has ended its brief dollar pricing regime for petrol, returning to naira sales while raising its ex-depot price by N140 per litre.
Tag: Petrol Prices
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Renewed Hormuz Tensions Delay Cheaper Petrol for Nigerians
Fresh tensions around the Strait of Hormuz have lifted crude oil prices, delaying expected reductions in petrol prices in Nigeria as analysts warn that exchange rates, supply costs and market volatility remain major factors.
Major Relief Delayed: Petrol Prices Stay Elevated Despite Sharp Crude Oil Decline to $73
Nigerians are still paying over N1,200 per litre for petrol despite a sharp decline in global crude oil prices. Stakeholders are calling for immediate fuel price reductions.
Major Relief: Dangote Refinery Slashes Petrol Price by N75 Per Litre
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, by N75 per litre following easing tensions in the Middle East and declining global energy prices. In a circular issued to fuel marketers on Monday, the refinery announced that the new gantry price has been lowered from N1,250…