Just in, Dangote Refinery supply glitch induces fresh fuel price hike across Nigerian filling stations”
“supply glitch faced by Dangote Refinery has propelled fresh prices of the premium motor spirit, known as petrol, across Nigerian filling stations. “Dangote Refinery supply glitch induces fresh fuel price hike across Nigerian filling stations”
FUEL HIKE
Nigerian National Petroleum Company Limited retail outlets Ranoil, AA Rano, Mobil, Sharon and other filling stations implemented a fresh petrol price increase on Monday.
NNPCL retail outlets in Kubwa Expressway, Gwarimpa, Wuse Zones 4 and 6 (Berger) in Abuja increased fuel by 50 or 5.5 per cent to N955, up from N905 per litre.
Similarly, Lagos NNPCL retail outlets also adjusted their fuel pump price upward on Monday.
NNPCL fuel hike triggers pump price adjustment across filling stations
as Ranoil (N930 up from N910 per litre), Mobil (N920), Sharon (N920), and AA Rano (N920) within Abuja and environs.
The latest fuel hike is in addition to the recent Liquefied Petroleum Gas, popularly referred to as cooking gas, price hike to N1,500 and N3,000 per kilogramme in Abuja and Lagos, up from N1,200 and N1,300.
Fuel and cooking gas hikes worsen hardship Among Nigerians
The development paints a gloomy reality for Nigerians with the possibility of a worsening cost of living, headline
inflation and food inflation at 20.1 per cent and 21.87 per cent in August 2025.
Reason for fuel hike , IPMAN, PETROAN
Reacting to the latest petrol price hike, the President of the Independent Petroleum Marketers Association of Nigeria,
Abubakar Maigandi, said the reason may not be unconnected to the unavailability of Dangote Refinery fuel in the last two days.
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