Petrol Price

Dangote Refinery has reduced the ex-depot price of petrol by ₦50 to ₦1,165 per litre. Diesel price has also been cut by ₦80, bringing the ex-depot price to ₦1,570 per litre. The refinery says the adjustment reflects improved...

July 10 (THEWILL) — Diesel prices have increased across major depots in Lagos, Port Harcourt and Warri, while petrol prices have remained largely stable amid sustained competition in Nigeria's downstream petroleum market. The latest mid-day depot price report showed that...

May 29 (THEWILL) — Nigeria’s transport fuel costs rose sharply in April 2026 as the average retail price of Premium Motor Spirit (petrol) climbed to ₦1,532.93 per litre nationwide, reflecting sustained inflationary pressures in the downstream petroleum sector. This is...

March 12, (THEWILL) — The Federal Government of Nigeria has ruled out any plan to regulate petrol prices despite growing concerns over the impact of escalating tensions in the Middle East on global oil markets. The Minister of Finance and...

May 19, (THEWILL) – Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to maintaining stable and affordable petrol prices, despite volatility in global crude oil markets. The company noted that it has consistently reduced the price of Premium Motor...

November 24, (THEWILL) - Dangote Refinery has announced a reduction in its price of Premium Motor Spirit, also known as petrol, for marketers. A statement signed on Sunday by Anthony Chiejina, Group Chief Branding, and Communications Officer at Dangote, said...

September 08, (THEWILL) – For probably the first time in the history of Nigeria, the people in their various professions, associations, and businesses allied to fault a flawed government policy. A few hours after the Nigerian National Petroleum Company Limited...

September 05, (THEWILL) – The Dangote Petroleum Refinery says the Nigerian National Petroleum Company (NNPC) Limited has not commenced the commercial lifting of refined Premium Motor Spirit (PMS), commonly known as petrol, from the facility. A statement by Anthony...

April 25, (THEWILL) - The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has resolved logistics issues responsible for the tightness in the supply of Premium Motor Spirit (PMS) currently being experienced in some areas across the country. The company,...

July 18, (THEWILL) - Lagos residents are bemoaning the second increase in petrol pump price unveiled Tuesday by the Nigerian National Petroleum Company Limited (NNPC Ltd), which caught them unawares. The NNPC retail outlets on Tuesday increased pump price of...