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 […]

Petrol price stood at N1,214.17 in November 2024 – NBS

The National Bureau of Statistics (NBS) has published its latest report on fuel prices, showing sharp increases in the average prices of petrol and diesel across Nigeria in November 2024. According to the Petrol Price Watch report, the average price of a litre of petrol rose to N1,214.17 in November 2024 from N648.93 in November […]

Tinubu Leaves the UK for France as Nigerians Express Frustration Over Rising Fuel Prices

President Bola Ahmed Tinubu has left the United Kingdom for Paris, France, amidst growing frustration in Nigeria over rising fuel prices and worsening economic conditions. The president’s departure, confirmed by Ibrahim Kabir Masari, his Senior Special Assistant on Political and other matters, follows more than a week spent in the UK on a working vacation. […]

APC Youth Leader Promises Better Days Ahead After Petrol Price Hike

The National Youth Leader of the ruling All Progressives Congress (APC) has sent a message of hope to Nigerians following the recent increase in petrol prices. He took to his X (formerly Twitter) handle to assure citizens that “joy is coming.” This statement comes just 24 hours after the price of petrol was raised, leaving […]

SERAP Takes Tinubu to Court Over Illegal Petrol Price Hike and NNPCL Corruption

The Socio-Economic Rights and Accountability Project (SERAP) has sued President Bola Tinubu for not reversing the recent hike in petrol prices. The group is asking the court to compel President Tinubu to direct the Nigerian National Petroleum Company Limited (NNPCL) to lower the price of petrol from ₦845 to ₦600 per litre. SERAP argues that […]