IPMAN Urges Federal Government To Slash Crude Oil Costs For Dangote Refinery
The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Garima, has urged the Federal Government of Nigeria to reduce the price of crude oil supplied to the Dangote Petroleum Refinery. He said the move could help reduce the rising cost of petrol across the country. Garima explained that petrol prices, also known […]
Fuel landing cost drops, now cheaper than Dangote Refinery’s petrol price
The landing cost of imported petrol in Nigeria has dropped to ₦839.97 per litre as of October 21, 2025, making it cheaper than petrol produced by the Dangote Refinery, which sells for ₦877 per litre. This information was disclosed in the latest energy price bulletin released by the Major Energy Marketers Association of Nigeria (MEMAN). […]
Fuel price drop imminent as marketers resume loading at Dangote Refinery
Nigerians may soon experience a drop in fuel prices as petroleum marketers confirm that loading activities have resumed at the Dangote Refinery. This development follows weeks of fuel supply shortages and rising pump prices across the country. The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, told DAILY POST that its […]
Petrol price cut: Dangote Refinery mum over failed fuel distribution deadline
The Dangote Refinery has stayed quiet after failing to meet its own August 15, 2025 deadline to begin distributing petrol and diesel across Nigeria. In June, the company had announced a plan to roll out 4,000 compressed natural gas (CNG) trucks for fuel distribution, an investment that would cost about ₦720 billion every year. The […]
Dangote Group abandoned student crushed by company’s truck for 11 months — VeryDarkMan
A popular social media activist, Martins Otse, also known as VeryDarkMan (VDM), has accused Dangote Group of neglecting a 22-year-old woman who was reportedly crushed by one of the company’s truck drivers in Auchi, Edo State. VeryDarkMan shared a video on Instagram showing the injured woman at Irrua Specialist Teaching Hospital on Monday, highlighting her […]
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 […]
Fuel price nears N1,000 per litre in Nigeria as marketers, retailers trade blame
Fuel prices across Nigeria are nearing N1,000 per litre, sparking blame between petroleum marketers and retail fuel station owners. As Nigerians struggle with the rising cost of living, this increase in fuel prices is only adding more pressure. Earlier this week, it was reported that the Nigerian National Petroleum Company Limited (NNPCL) increased fuel prices […]
Nigerian govt to earn N796bn yearly from 5% petrol surcharge
The Nigerian government is projected to make about N796 billion each year through a new 5% surcharge on both locally made and imported petrol. This tax will become active starting January 1, 2026, following the introduction of new tax laws. President Bola Tinubu approved four new tax laws on June 26, 2025. One of these […]
Nigerian marketers reduce fuel prices as FG shuts down economy in honour of Buhari
Nigerian fuel marketers have decided to lower the cost of petrol, starting from Tuesday, July 15. This decision comes as the Nigerian government shuts down operations for the day due to a public holiday declared in honour of the late former President Muhammadu Buhari. Abubakar Maigandi, who leads the Independent Petroleum Marketers Association of Nigeria […]
Dangote Refinery reduces fuel price as petrol marketers hold emergency meeting
Dangote Refinery has reduced the price of petrol at its depot from N880 to N840 per litre. This change is expected to help reduce the cost of fuel across the country. The president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, confirmed the price cut in an interview. He said marketers are […]