NNPC, Marketers Import 633m Litres of Fuel to Address Domestic Shortfall
In a move to address the domestic fuel shortage, the Nigerian National Petroleum Company Limited (NNPCL) and other downstream oil sector marketers brought in a substantial volume of petroleum products in January 2025.
The latest...
Fuel Price Drops in Lagos, Abuja as Marketers Adjust Rates
Petrol prices yesterday crashed for the first time post-deregulation era. The crash can be attributed to a reduction in ex-depot price of the product announced by the Dangote Refinery from N970 to N899.50 per litre...
Marketers Fear High Dangote Petrol Price as Fuel Landing Cost Rises
Oil marketers are concerned about the delay in announcing the price of Premium Motor Spirit, popularly called petrol, being produced by the Dangote Petroleum Refinery, as they noted that the landing cost of imported...
Petrol: Oil Marketers Project N700bn Monthly Subsidy
With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has increased to about N707bn, oil marketers projected on Monday.
It was also gathered that as the Dangote...
Oil marketers are seeking a decrease in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery to between N700 and N850/litre, as operators plan to meet with the refinery managers in the coming week.Â
Four Weeks After Production Take-off, Marketers Await Dangote Fuel
Oil marketers, on Monday, declared that they were still awaiting the supply of refined petroleum products from the $20bn Dangote Petroleum Refinery, four weeks after the launch of production at the multi-billion dollar plant.
On January 12,...
