Petrol Prices to Rise as FG Enforces 0.5% Levy
The Federal Government has begun strict enforcement of a 0.5% levy on wholesale petroleum, a cost experts warn will trickle down to consumers. Find out what this means for your pocket.
The Federal Government has begun strict enforcement of a 0.5% levy on wholesale petroleum, a cost experts warn will trickle down to consumers. Find out what this means for your pocket.
MRS Oil Nigeria, backed by Dangote Refinery, now sells petrol at N739/litre, undercutting NNPC's prices. This marks a major shift in Nigeria's downstream fuel market dominance. Discover the new pricing landscape.
Dangote Refinery denies supply breakdown with marketers, accuses former NMDPRA leaders of licensing excessive petrol imports in late 2025. IPMAN supports local refinery capacity.
Aliko Dangote files a corruption petition with the EFCC against former NMDPRA MD Farouk Ahmed, alleging abuse of office and $7 million spent on children's elite education. Read the full details.
The landmark fuel supply agreement between Dangote Refinery and 20 major marketers collapses after pricing disputes. Falling global costs trigger a surge in imports, reshaping Nigeria's downstream market. Read the full analysis.
Aliko Dangote petitions EFCC to probe former NMDPRA MD Farouk Ahmed for alleged abuse of office and corrupt enrichment. The billionaire pledges to provide evidence to fast-track prosecution.
Aliko Dangote petitions EFCC to probe former NMDPRA CEO Farouk Ahmed for alleged abuse of office and corrupt enrichment. Details on the $7M foreign education scandal inside.
Nigeria's reliance on imported petrol surges to 1.8 million metric tonnes as local refining falters. New regulators face pressure to fix the oil sector amid a price war. Read the full analysis.
NNPC reduces petrol prices in Abuja to N815 per litre, offering relief. Dangote Refinery debunks shutdown rumours, delivers 43 million litres nationwide. Lagos prices remain steady.
Ogoni stakeholders commend Magnus Abe and Kenneth Kobani's nominations to NUPRC and NMDPRA boards but insist appointments don't signal oil resumption. They demand environmental cleanup first.
Dangote Refinery dismisses false shutdown claims, confirms daily production of 50 million litres of PMS and maintains N699/litre price. Read the full details.
FCT Minister Nyesom Wike celebrates the nomination of Kenneth Kobani to the NMDPRA board by President Bola Tinubu. Read about the political implications and public reactions.
President Bola Tinubu has sent 21 nominees for the boards of NUPRC and NMDPRA to the Senate for confirmation, aiming to strengthen governance and PIA reforms. Read the full list.
Dangote Refinery confirms full operations, dispelling false shutdown reports after loading 43.3 million litres of petrol in one day. Discover the impact on prices and market stability.
President Bola Tinubu has sent 21 nominees for the boards of NMDPRA and NUPRC to the Senate for confirmation. This move aims to advance reforms in Nigeria's crucial oil and gas sector.
Ex-depot petrol prices surge to N805 per litre following Dangote Refinery's planned maintenance on its main gasoline unit. Get the latest on the shutdown, price impacts, and Dangote's assurances.
Aliko Dangote emerges as a 2025 hero, slashing fuel prices and challenging regulatory corruption. His 'no gree' stance echoes a national demand for accountability and consumer rights. Read the full story.
Nigeria's oil sector faced major tensions in 2025 as Dangote Refinery clashed with unions, marketers, and regulators over labour rights, pricing, and market control. Explore the full review of the crisis and its implications for 2026.
NNPC Limited reduced petrol prices by over N175 in Lagos during 2025, driven by competition from Dangote Refinery. The price now stands at N785 per litre ahead of Christmas. Read the full analysis.
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
Peter Obi shifts the Dangote-Farouk debate to Nigeria's education inequality, showing how $5m could build 25 schools for 6,000 students. A call for public conscience.
A fierce price war erupts in Nigeria's fuel market as Dangote Refinery's free delivery forces stations to cut petrol prices by up to N100 per litre. Discover how this battle benefits consumers.
Despite the Petroleum Industry Act, Nigeria's oil sector remains mired in opacity. NEITI recovers billions, but Dangote Refinery clashes with NMDPRA, exposing deep-seated governance failures. Read the full analysis.
The ICPC has summoned business magnate Aliko Dangote to appear before its investigators regarding his petition alleging corruption against former NMDPRA MD Ahmed Farouk. Read the full details.
The ICPC has invited Aliko Dangote to provide evidence in his corruption petition against former NMDPRA MD Farouk Ahmed, who allegedly misused over $7 million in public funds. The probe continues despite Ahmed's resignation.
Dangote Refinery announces a new petrol price of N699 per litre at its Lagos gantry, offering hope for cheaper fuel nationwide. Nigerians react as calls grow to end fuel imports.
Dangote Refinery reduces petrol price to N699 per litre at its Lagos gantry, exciting Nigerians and prompting calls to end fuel imports. Read public reactions and details.
The Nigerian Senate has confirmed Saidu Mohammed and Oritsemeyiwa Eyesan as CEOs of NMDPRA and NUPRC. Read about their confirmation process and the expectations for Nigeria's oil sector.
The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response