Tag: Petrol Price

  • Marketers Resist Petrol Price Cut Despite Crude Oil Decline

    Marketers Resist Petrol Price Cut Despite Crude Oil Decline

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    by

    Starnews NG
    in

    By Opeyemi Adelakun Petroleum marketers have ruled out an immediate reduction in the pump price of Premium Motor Spirit (PMS), despite the continued decline in global crude oil prices to about $70 per barrel. The resistance comes amid growing calls from consumers and the Federal Government for lower petrol prices following the sustained drop in…

  • Dangote Hikes Petrol Price to N1,275

    Dangote Hikes Petrol Price to N1,275

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    by

    Starnews NG
    in

    By George Omagbemi Sylvester Dangote Petroleum Refinery has increased its ex-depot petrol price to N1,275 per litre, reinforcing fresh pressure across Nigeria’s downstream oil market and signaling another adjustment in the deregulated fuel pricing regime. April 29, 2026 — The development follows ongoing volatility in global crude benchmarks and operational cost adjustments within the refinery,…

  • Petrol Prices Set to Exceed N1,000 per Litre as Dangote Refinery Raises Gantry Price

    Petrol Prices Set to Exceed N1,000 per Litre as Dangote Refinery Raises Gantry Price

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    by

    Starnews NG
    in

    The retail price of Premium Motor Spirit (petrol) in Nigeria is projected to rise to between N980 and over N1,000 per litre due to a recent increase in the gantry price by the Dangote Petroleum Refinery. This anticipated rise comes amid ongoing volatility in the global oil market and follows an adjustment in the refinery’s…