Dangote Refinery-backed MRS filling station increases fuel pump price
Dangote Refinery-backed MRS filling stations have raised their petrol pump price nationwide, following a gantry price increase by the refinery. In Abuja, the new retail price is N1,267 per liter, up from N1,167, representing a N100 increase. An MRS manager confirmed the hike, attributing it to the recent rise in the refinery’s gantry price. Optima […]
NNPC Cuts Petrol Price By N100 In Lagos, N95 In Abuja
The Nigerian National Petroleum Company Limited (NNPC) has lowered petrol prices at its retail outlets to N1,130 per litre in Lagos and N1,165 per litre in Abuja. This reflects a N100 drop in Lagos and N95 in Abuja from previous rates. Several NNPC stations in Lagos, including Isheri Oshun Road, Apple Junction, and Ago Palace […]
Dangote Price Cut Yet To Reflect As Nigerians Buy Petrol At ₦1,300 Per Litre
Despite Dangote Petroleum Refinery reducing its gantry price of petrol by ₦100 to ₦1,075 per litre, many Nigerians continue to pay between ₦1,300 and ₦1,355 per litre at filling stations. The reduction followed a drop in global crude oil prices, but retail outlets, particularly independent marketers, have been slow to pass on the savings. In […]
Ignore calls for cancellation of Tompolo’s pipeline security job, Eradiri begs Tinubu
Udengs Eradiri, former President of Ijaw Youths Council Worldwide, has appealed to President Bola Tinubu to ignore calls to cancel the pipeline security contract awarded to Tantita Security Services, owned by Government Ekpemupolo, also known as Tompolo. He described the calls as driven by enemies of Nigeria and conflict merchants seeking to return violence and […]
Dangote Refinery commits to energy stability amid global refineries shutdown
Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to ensuring stable energy supply in Nigeria despite global refinery shutdowns and crude supply disruptions. The ongoing Middle East conflict and China’s ban on gasoline and diesel exports have caused shortages and rising crude prices worldwide. The company noted that Nigeria is insulated from these shocks […]
Oil and Gas: How we plan to get Nigeria’s refineries running- NNPC’s Ojulari
The Nigerian National Petroleum Corporation (NNPC Ltd) says it is focused on three key elements to get the country’s refineries fully operational: financing, a competent EPC contractor, and world-class operational capacity. The Group Chief Executive Officer, Bayo Ojulari, made this known during a fireside chat at the ongoing Nigeria International Energy Summit in Abuja. Ojulari […]
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 […]
NNPC And Dangote Refinery Sign Fresh 2-year Crude Deal
The Nigerian National Petroleum Company Limited (NNPC) has signed a new two-year crude oil supply deal with the Dangote Petroleum Refinery. The agreement is expected to guarantee steady crude supply to the $20bn refinery in Lekki, Lagos, ensuring that its operations remain uninterrupted. This move comes as part of efforts to strengthen Nigeria’s oil refining […]
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 […]