Petrol price cut: Dangote refinery and marketers disagree over reason for drop
Dangote Refinery and Nigerian petroleum marketers have offered differing explanations for the recent drop in petrol prices.
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FG suspends 15% import duty on petrol, diesel — NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the proposed 15% import duty on petrol and diesel will no longer be implemented, assuring Nigerians of sufficient fuel supply.
Petrol price may rise to N1,163 per litre as FG seeks N4.8tr annual revenue from new tariff
The Nigerian government’s proposed 15 per cent import duty and 7.5 per cent VAT on fuel could raise annual revenue by N4.8 trillion while pushing petrol prices from around N950 to N1,163.75 per litre.
Petrol now N945 in Abuja, marketers blame PENGASSAN strike
Petrol prices surged to as high as N945 per litre in Abuja as supply disruptions from the PENGASSAN strike triggered scarcity and depot price hikes.
Petrol still N865 despite Dangote’s price cut, free delivery
Despite Dangote Refinery’s logistics-free petrol delivery at N820 per litre, most filling stations continue to sell above N865, frustrating motorists expecting price relief.
Dangote resumes Naira-based petrol sales
Dangote Refinery has reinstated naira-based petrol sales after briefly suspending them due to crude allocation issues, following federal government intervention.
Otedola: Over ₦2trillion lost to subsidy fraud under Jonathan
Femi Otedola accused oil marketers of siphoning over N2 trillion under Jonathan’s subsidy regime, declaring Dangote’s refinery the future of Nigeria’s downstream sector.
Dangote: NUPENG’s ₦50,000 truck levies inflate fuel prices
Aliko Dangote has accused NUPENG of imposing N50,000 charges on each fuel truck, warning the levies inflate pump prices, while experts question the union’s mandate.
Private depots deserted amid Dangote’s direct petrol supplies
Dangote Refinery’s direct petrol rollout has left private depots deserted, reshaping Nigeria’s fuel market dynamics.
Dangote celebrates refinery milestone, says petrol is now cheaper across Nigeria
Dangote marked one year of refinery operations, highlighting exports, cheaper petrol, CNG trucks, and job creation while dismissing union criticisms.