Dangote Refinery Resumes Petrol Sales in Naira, Sets New Ex-Depot Price at ₦1,215 Per Litre

Dangote Petroleum Refinery has resumed the sale of Premium Motor Spirit (PMS), popularly known as petrol, in naira, ending a brief period of dollar-denominated transactions for local buyers. The refinery also announced a new ex-depot (gantry) price of ₦1,215 per litre, representing an increase of ₦140, or about 13%, from the previous price of ₦1,075…

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fuel price skyrockets

Fuel Marketers Threaten Nationwide Shutdown Over Planned Petrol Price Controls

Major petroleum marketers in Nigeria have warned they could shut down filling stations nationwide if the Federal Government moves ahead with plans to enforce stricter controls on petrol pump prices in the country’s deregulated downstream sector. The warning comes amid growing tensions between regulators and marketers over fuel pricing following the recent decline in global…

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