Filling stations across Nigeria have reduced their pump prices following a reduction in depot rates by the Dangote Refinery, but marketers say it may not last.
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Dangote, other refinery owners give conditions to crash petrol prices
Local refiners have disclosed that the only way petrol prices can crash in Nigeria is if the Nigerian government intervenes in the foreign exchange market.
Dangote to revive non-operational filling stations as FG moves to supply 12 million barrels of oil
Aliko Dangote, Chairman of the Dangote Group, has said that the Nigerian government plans to supply his refinery with 12 million barrels of crude oil in October
Just like cooking gas: marketers hike kerosene prices, 3 states hit hardest
The National Bureau of Statistics has revealed that the cost of kerosene has increased again, leaving more Nigerians with a headache when preparing to cook.
New diesel prices emerge at filling stations, 10 states the most expensive
The National Bureau of Statistics has revealed Nigeria’s average diesel price rose to N1,406.05 in August, with Kaduna, Bauchi, and Taraba the highest pump prices.
Dangote, Mexico’s refineries to overtake US, EU producers as marketers disclose cost Dangote petrol
The Organisation of Petroleum Exporting Countries (OPEC) has predicted a strong impact of the Dangote and Mexico's Dos Bocas refineries on the US and Europe.
Dangote confirms ownership of oil blocks, tells FG what to do about petrol subsidy
Chairman of the Dangote Group, Aliko Dangote, has disclosed that he owns two oil blocks, stating that production will begin in October as he asks FG to end subsidy.
“It's cheaper”: Marketers compare Dangote petrol price with imported fuel, fault NNPC on cost
Petroleum marketers have disclosed the difference between the price of Dangote petrol and imported ones, saying Dangote sold the product cheaper to NNPC.
Group speaks on operation of Port Harcourt refinery, new Dangote petrol price
NECA President feels that eliminating fuel subsidies completely and possibly extending subsidies to other sectors of the economy would be the best course of action.
Despite Increasing Prices, Nigeria Misses Out on List of African Countries With highest Fuel Cost
Africa has vast oil deposits, particularly in Nigeria, Angola, and Algeria, but most of the crude oil is exported since there isn't enough technology to refine it.
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