Browsing Tag
petrol
8 posts
IPMAN Halts Petrol Pickup at Dangote Refinery Due to Unstable Pricing
IPMAN has suspended petrol loading at the Dangote Refinery following an unexpected halt in operations, leading marketers to seek supplies from more expensive private depots.
IPMAN Challenges NMDPRA Import Permits as Local Fuel Prices Remain Competitive
IPMAN has petitioned the NMDPRA to reconsider petrol import licenses, arguing that locally refined fuel is cheaper and more sustainable than increasingly expensive imported supplies.
Military units seize 15 containers of smuggled fuel in Adamawa
Troops from the 247 Reconnaissance Battalion have recovered 15 jerrycans of smuggled petrol in Adamawa State to disrupt illegal supply chains used by criminal organizations.
Nigeria records 207% jump in petrol imports as local refining dips
New data from the NMDPRA reveals a sharp 207% increase in Nigeria's petrol imports during June 2026, driven by a decline in local refinery output and crude oil supply constraints.
IPMAN reports petrol supply freeze due to price instability
IPMAN says independent marketers have paused petrol purchases and closed stations due to price uncertainty caused by the suspension of loading operations at the Dangote Refinery.
Petrol Importers Raise Depot Prices to N1,350 Per Litre
Petrol importers are raising depot prices to N1,350 per litre starting July 17, citing increased import costs and global shipping disruptions.
Diesel costs climb across key hubs while petrol remains steady
Diesel prices have spiked in major Nigerian cities like Lagos and Port Harcourt, while petrol costs remain stable due to competitive pressure from the Dangote Refinery and other key suppliers.
NNPCL Lowers Petrol Costs Again Within One Week
For the second time in four days, NNPCL has lowered fuel prices in Abuja, bringing costs to N1210 per litre amid a global decline in crude oil values.