The Dangote Group has assured Nigerians that fuel prices will remain stable despite the Federal Government’s recent approval of a 15 per cent import tariff on petrol and diesel. The Group’s Chief Corporate Communications Officer, Mr. Anthony Chiejina, gave the assurance on Sunday during an interview with Arise News, addressing public concerns that the new…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported an 18.54% drop in fuel consumption for June 2025, with total evacuation falling to 1.44 billion litres, down from 1.77 billion litres in May. Daily consumption averaged 48 million litres, according to the agency’s Director of Public Affairs, George Ene-Ita. While diesel (AGO) supply…
Tanker drivers in Lagos State say they will stop loading petroleum products on Monday, claiming they cannot afford N12,500 per truck for the E-Call Up system on the Lekki-Epe Corridor. Recently, the Lagos Deputy Governor, Obafemi Hamzat, said the E-Call Up system was designed to regulate the movement of articulated vehicles and tankers accessing the…
The President and Chief Executive of Dangote Group, Aliko Dangote, on Tuesday shed more light on how to end the reoccurring issue of fuel queues in the country. Dangote, who briefed State House reporters in Abuja, urged the Nigeria National Petroleum Company Limited (NNPCL) and marketers across the country to stop the importation of fuel….
The two incentives were announced in a statement on Wednesday by Wale Edun, the Coordinating Minister of the Economy and Minister of Finance. According to a statement released by the Finance Ministry and signed by Mohammed Manga, Director of Information and Public Relations, the incentives are meant to revitalize Nigeria’s oil and gas industry. Additionally,…
While depots limited the amount of Premium Motor Spirit (PMS) released to marketers on Monday, long lines for the fuel continued in numerous states, forcing several filling stations to close. Many gas stations in the states of Abuja, Niger, and Nasarawa were closed, while the handful that were still operating showed varying lengths of gasoline…
Many depots for Premium Motor Spirit, popularly called petrol, are currently dry, leading to fuel scarcity and attendant queues in Lagos, Ogun, parts of Abuja, Niger, and some other states across the country. Long queues started building up at fuel stations in Abuja and Lagos on Friday and have persisted. On Saturday, while reacting to…
