NNPCL reduces petrol price to ₦965 in Abuja. Independent marketers maintain higher prices, ranging from ₦1,030 to ₦1,070. Port Harcourt Refinery operates fully, ensuring domestic fuel supply, says NNPCL. The Nigerian National Petroleum Company Limited (NNPCL) has slashed the retail price of premium motor spirit (PMS), commonly known as petrol, to ₦965 per litre in … Read more
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that petrol will be sold at ₦935 per litre across the country starting Monday, December 23. The announcement was made by the IPMAN National President, Alhaji Maigandi Garima, during a press interaction on Sunday. Garima confirmed that fuel stations nationwide would adopt the new pricing … Read more
NNPCL reduced petrol’s ex-depot price from ₦1,020 to ₦899 per litre. PETROAN praised the move, highlighting affordability and market competition benefits. Quality concerns emerged as stakeholders urged stricter regulatory enforcement. The Nigerian National Petroleum Company Limited (NNPCL) has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦1,020 to ₦899 … Read more
A new per-litre price of Premium Motor Spirit (PMS), commonly known as petrol, has been introduced across Nigerian National Petroleum Company Limited (NNPCL) retail outlets in the Federal Capital Territory (FCT), Abuja. EKO HOT BLOG reports that Journalists observed that the price of petrol had dropped from ₦1,060 to ₦1,040 per litre, reflecting a ₦20 … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has adjusted the price of Premium Motor Spirit (PMS) for marketers, lowering it from ₦1,045 per litre to ₦1,030 per litre. This announcement was made by Dr. Billy Harry, National President of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), during a strategic meeting and award … Read more
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that its members can now purchase petrol directly from Dangote Refinery at rates of N990 per liter for loading at depots and N940 per liter when transported by vessel. This landmark agreement, aimed at providing a steady and potentially cheaper fuel supply across Nigeria, signals … Read more
On Sunday, the management of Dangote Refinery disclosed the price at which it sells petrol per litre to marketers. According to the refinery, petrol is sold to trucks at ₦990 per litre, while sales to ships are priced at ₦960 per litre. In a statement signed by Group Chief Branding and Communications Officer Anthony Chiejina, … Read more
Oil marketers disclosed on Friday that the Dangote Petroleum Refinery’s price for Premium Motor Spirit (PMS), commonly known as petrol, is between N1,015 and N1,028 per liter, depending on purchase volume. In response, marketers announced plans to import petrol and sell it at a lower price than both the Dangote Refinery and the Nigerian National … Read more
The Nigerian National Petroleum Company Limited (NNPC) has agreed to sell Premium Motor Spirit (PMS), commonly known as petrol, to the Independent Petroleum Marketers Association of Nigeria (IPMAN) at a rate of N995 per litre. This follows the intervention of the Department of State Services (DSS) in resolving the conflict between both parties. EDITOR’S PICKS … Read more
Experts in the petroleum industry have proposed that with effective government intervention, petrol from the Dangote Refinery could be sold for less than ₦600 per litre. The Crude Oil Refiners Association of Nigeria (CORAN) expressed optimism that local refineries, including Dangote’s, could reduce fuel costs if proper measures are implemented. EDITOR’S PICKS Police Arrest Man … Read more
The Nigeria Labour Congress (NLC) has announced its intention to engage the federal government in discussions on strategies to help workers cope with the recent surge in petrol prices, which the union claims has diminished the anticipated benefits of the new ₦70,000 national minimum wage. NLC President Joe Ajaero made this announcement during the opening … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has insisted that it paid ₦898 per litre for petrol purchased from Dangote Refinery. Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, reiterated this in response to a statement from the refinery. Earlier, Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote, had denied NNPCL’s claim, stating that … Read more
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it purchased fuel from Dangote Refinery at ₦898 per litre. EDITOR’S PICKS Japan’s Next PM Vows to Respect BOJ’s Autonomy Insecurity: Stop Hiding Behind Opposition—APC Urges Zamfara Govt Delta Child Rights Amendment Bill Passes Second Reading EKO HOT BLOG reports that on Saturday, the NNPCL moved … Read more
A senior official from the Independent Petroleum Marketers Association of Nigeria (IPMAN) has responded to reports that the Dangote Refinery will sell petrol to the Nigerian National Petroleum Company (NNPC) at ₦766 per litre. The official, speaking anonymously, explained that while the base price of ₦766 is set by the refinery, additional costs like transportation, … Read more
Reports have emerged that the Dangote Refinery is set to sell petrol at ₦766 per litre to the Nigerian National Petroleum Company Limited (NNPC). This follows the arrival of over 300 NNPC trucks at the refinery, as confirmed by NNPC spokesperson, Olufemi Soneye, on his X (formerly Twitter) handle on Saturday. The trucks are scheduled … Read more
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has declared its readiness to buy petrol from Dangote Refinery, regardless of the price set by the organization. EDITOR’S PICKS Police Arrest Man For Allegedly Killing Neighbour’s 4-Year-Old Daughter Misinformation Grinds Down Trust Between Govt, People -Minister UEFA To Honour Ronaldo For Record-Breaking Champions League Career EKO … Read more
Dangote Limited has refuted claims that it has set the price of petrol from its Lagos-based refinery at ₦600 per litre. This clarification was made in a statement issued on Tuesday night by the company’s Group Chief Branding and Communications Officer, Anthony Chiejina. The denial comes after the Independent Petroleum Marketers Association of Nigeria (IPMAN) … Read more
The Nigeria Labour Congress (NLC) has accepted the ₦70,000 new minimum wage proposed by the federal government to avoid a potential hike in petrol prices. EKO HOT BLOG reports that the Nigeria Labour Congress (NLC) has fully accepted the ₦70,000 new minimum wage proposed by the federal government during a meeting with President Bola Tinubu on … Read more
Oil Marketers Eye N500/Litre Petrol Price As Port Harcourt Refinery Gears Up. Dealers confirm nearing readiness of PHRC, anticipate reduction in petrol price. NNPC’s Mele Kyari reveals plans for refinery operations, aiming to alleviate petroleum supply challenges. EKO HOT BLOG reports that as the Port Harcourt Refining Company (PHRC) gears up for production under the directives … Read more
Eko Hot Blog reports that the Nigerian National Petroleum Company Limited (NNPCL) has crashed the depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N640 per litre to N630 per litre. The NNPCL has also disclosed plans to sell directly to independent marketers instead of first taking it to private depots so … Read more