BREAKING: Dangote Refinery slashes petrol price to N1,200/litre
Dangote Refinery has reduced the price of petrol, bringing down the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200 per litre, according to industry sources. This price drop comes shortly after the refinery had increased petrol to about N1,275 per litre, blaming the earlier rise on global oil market instability that raised […]
Again, Nigerian filling stations reduce fuel prices to woo buyers
Nigerian fuel stations, including members of the Independent Petroleum Marketers Association of Nigeria (IPMAN), have lowered petrol prices for the second time this week to attract more buyers. Abubakar Maigandi, the National President of IPMAN, told INFOLAND on Friday that petrol now costs between N860 and N870 per litre in Lagos, and between N895 and […]
Dangote Refinery reduces fuel price
Dangote Petroleum Refinery has announced a ₦30 cut in the ex-depot price of petrol, dropping from ₦850 to ₦820 per litre. The new price took effect on August 12, 2025. The update was confirmed in a statement by the company’s spokesperson, Anthony Chijiena, on Tuesday. With a daily capacity of 650,000 barrels, the refinery said […]
Marketers Start Direct Fuel Supply from Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has started buying petrol directly from the Dangote Refinery. This milestone agreement aims to streamline fuel distribution and reduce costs by cutting out middlemen. IPMAN began lifting petrol from the Dangote Refinery in late November 2024. Initially, the products were accessed through MRS Oil as a temporary […]
IPMAN Announces Petrol Price Cut Due to Dangote Refinery Deal
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has made a significant announcement that will directly impact petrol prices in the country. After securing a deal with Dangote Refinery, the association revealed that the price of petrol will drop by N50. This move is expected to bring some relief to Nigerian consumers who have been […]
Nigeria at 64: Optimism Grows for Fuel Price Drop as Citizens Face Hardships
As Nigeria celebrates its 64th Independence Day, the nation finds itself at a crossroads. While the country faces significant economic challenges, there is growing optimism from oil marketers and refiners that the price of petrol may drop soon. This hope stems from the new Naira-for-crude deal between the Federal Government and Dangote Refinery, which launched […]