Browsing Tag
Petrol Prices
3 posts
IPMAN raises alarm over surging import licences and potential fuel price hikes
IPMAN warns that an increase in petrol import licences is inflating fuel prices and straining the naira, urging the government to prioritize domestic refining to ensure stability.
Dangote Refinery adjusts petrol rates downward while diesel costs climb
Dangote Refinery slightly lowered its ex-depot petrol price, while diesel costs saw significant increases across several Lagos depots amid rising global crude oil prices.
IPMAN Clarifies Status of Fuel Sales Amid Market Deregulation
IPMAN officials have denied reports of a fuel sales halt, emphasizing that the current deregulated market environment allows for independent procurement and pricing strategies.