Why retailers, marketers dump Dangote Refinery petrol for import – Stakeholders
Even though Dangote Refinery and other local refineries are producing petrol, Nigeria still imports fuel. Stakeholders in the petroleum industry say this is due to price competition, supply gaps, and concerns over monopoly. The President of the Petroleum Products Retail Outlet Owners Association, Billy Gillis-Harry, and the Chairman of the Major Marketers Association of Nigeria, […]
Petrol Landing Cost Decreases in Nigeria
In recent news, the cost of landing petrol in Nigeria has dropped significantly. As of November 2024, the landing cost for Premium Motor Spirit (PMS), or petrol, fell to N971 per litre. This is a 20.23% decrease compared to the N1,219 per litre cost recorded in August 2024, according to the Major Energies Marketers Association. […]
NNPCL Reveals Petrol Prices Across Nigeria After Dangote Refinery Delivery
The Nigerian National Petroleum Company Limited (NNPCL) has announced the estimated retail prices of Premium Motor Spirit (PMS), commonly known as petrol, across various states for September 2024. These prices are based on the latest supply from Dangote Refinery. Nationwide Petrol Price BreakdownAccording to NNPCL spokesperson, Olufemi Soneye, the new petrol prices were released following […]