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 […]
The Major Energy Marketers Association of Nigeria (MEMAN) has announced a slight reduction in the landing cost of Premium Motor Spirit (PMS), commonly known as petrol. As of December 2024, the cost has declined to ₦970 per litre, down from ₦971 per litre in November 2024. This development aligns with a drop in global crude […]
