Nigerians are facing fresh pressure on transportation, food distribution and business costs after Dangote Petroleum Refinery increased its petrol gantry price to N1,350 per litre, the fourth upward adjustment by the refinery since August. The new price, which took effect on September 12, 2026, represents an N85 increase, or about 6.7 per cent, from the […]
Former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has rejected claims by President Bola Tinubu’s Senior Adviser on Digital/New Media, O’tega Ogra, that his proposed production subsidy for locally refined petroleum is a repeat of an earlier subsidy arrangement operated during the Olusegun Obasanjo administration. The disagreement has opened a fresh […]
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ABUJA — Nigeria’s long-running fuel subsidy controversy has returned to the centre of the country’s political debate, with President Bola Ahmed Tinubu rejecting any move back toward subsidy and former Vice President Atiku Abubakar proposing a new system that would direct government support toward domestic refining. The disagreement is more than a political exchange ahead […]
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Motorists and businesses across Nigeria are facing another increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol, following fresh price adjustments by refiners, depot operators, marketers, and the Nigerian National Petroleum Company (NNPC) Limited. The latest increase has pushed petrol prices in several parts of the Federal Capital Territory (FCT) and […]
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In a significant development for Nigeria’s energy sector, the Dangote Petroleum Refinery has adjusted its petrol price to ₦865 per litre, up from its previously announced ₦815 per litre. This price revision follows the suspension of the crude-for-Naira supply deal between Dangote Refinery and the Nigerian National Petroleum Company (NNPC). Crude Supply Suspension Triggers Price […]
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The Growing Threat of Misinformation in the Digital Age In today’s digital era, misinformation has taken on an alarming form, fueled by the widespread availability of advanced communication technology. False narratives can now spread rapidly through text messages, videos, and online links, creating unwarranted panic. A recent viral video, falsely claiming that Premium Motor Spirit […]
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The Nigeria National Petroleum Company Limited (NNPCL) has intensified efforts to combat crude oil theft, uncovering 55 illegal refineries and 29 illegal pipeline connections within a single week across the Niger Delta region. This significant breakthrough was highlighted in a video documentary shared on the company’s official YouTube channel. Key Findings: Oil Theft in the […]
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PMS Price Increased to N1025.00 by NNPC: What This Means for NigeriansIn recent news that has stirred up significant reactions across Nigeria, the Nigerian National Petroleum Corporation (NNPC) has announced a substantial increase in the price of Premium Motor Spirit (PMS), commonly known as petrol. As of the latest update, the price has surged to […]
