Filling stations adjust pump price as Dangote increases ex-depot petrol price

Filling stations across the Lagos metropolis Saturday morning responded to the hike in the ex- depot price of Premium Motor Spirit(PMS), otherwise called petrol by Dangote Refinery late Friday.

The Dangote Refinery on Friday adjusted it’s ex- depot petrol price from N825 per litre to N880, representing an increase of N55 per litre.

In a swift reaction to the increase, members of the Major Energy Marketers Association of Nigeria(MEMAN), Independent Marketers Association of Nigeria(IPMAN), NNPC Retail outlets and Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) have all responded by adjusting their meters.

Prior to the hike, NNPC retail outlets were selling at N870 per litre but by Saturday morning, prices have been adjusted to N910 per litre.

The same trend was equally followed by other marketers,including Dangote partners, which included MRS, Ardova, Heyden.

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Petroleum marketers issue strike notice in Anambra

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Anambra State Chapter, has issued a 21-day warning to the state government over what it described as a persistent harassment and intimidation of its members by government agencies.

The Association which handed out the warning during its well-attended meeting held in Awka on Wednesday said that failure of the government to take action will result in a total shutdown of petroleum services across the state.

According to IPMAN, its members have continuously faced undue harassment, particularly from officials in various local government areas.

It called on its all members to prepare for a complete cessation of operations should the business environment fail to improve within 21 working days from Wednesday.

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BREAKING: Shakeup in NNPC, Mele Kyari’s henchmen shown the way out

In a significant restructuring of its management, the Nigerian National Petroleum Company (NNPC) Ltd has terminated the services of a number of senior staff members. This is according to a report by TheCable this Tuesday evening, April 29, 2025.

The portal said that among those departing immediately are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, managing director of the Kaduna Refinery.

“Also asked to leave was Lawal Sade, the chief compliance officer and former managing director of NNPC Trading.

“They are believed to be very close to Mele Kyari, who was removed as group chief executive officer (GCEO) on April 2, 2025,” TheCable said. It reported that “over 200 employees have been impacted, marking the beginning of what may be a series of staff changes.”

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The Dangote Petroleum Refinery says it has continued to cut the price of Premium Motor Spirit—widely known as petrol—despite turbulence in international crude oil markets… Continue reading at thisisRadioNow.com
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