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OPINION: Inside Customs’ Battle to Save Nigeria’s Fuel Economy, by Tahir Ahmad

On March 25, 2025, operatives of the Nigeria Customs Service dismantled a major fuel smuggling syndicate in Kebbi State, seizing 125,000 litres of Premium Motor Spirit (PMS), valued at N125 million.

Dangote Absorbs PMS Loss, Gives Marketers N65/litre Refund

Dangote Petroleum Refinery & Petrochemicals has said it would absorb N16bn loss by refunding N65/litre to marketers so Nigerians will benefit from cheaper fuel.

Dangote Refinery Reduces Petrol Price to N890 per Litre

Dangote Refinery Reduces Petrol Price to N890 per Litre Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre. The price slash takes effect from Saturday, February 1, 2025. Dangote Refinery’s spokesperson,...

Why Dangote Adjusted PMS Ex-depot Price

Why Dangote Adjusted PMS Ex-depot Price Dangote Refinery has clarified that its recent adjustment in the ex-depot price of Premium Motor Spirit (PMS) from N899.50 to N950 per litre is directly linked to the significant increase in global crude oil prices. The refinery announced that all...

Petrol landing cost drops by 20% per Litre – Report

Petrol landing cost drops by 20% per Litre – Report The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction of 20.34 per cent, dropping to N971.57 per litre over the past three months. This decline...

Why Dangote Refinery ‘ll not Supply Petrol in June

Why Dangote Refinery 'll not Supply Petrol in June The Dangote refinery has said its plan to release premium motor spirit into the market this month will no longer be possible, sparking reactions from Nigerians. The President of Dangote Group, Aliko Dangote told newsmen during a...