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Deregulation in Nigeria

NNPCL Increases Petrol Price Amid Market Dynamics as Abuja Hits N990 and Lagos N965

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NNPCL Increases Petrol Price Amid Market Dynamics as Abuja Hits N990 and Lagos N965

In a development that has left many Nigerians reeling, the Nigerian National Petroleum Company Limited (NNPCL) has announced an upward adjustment in the pump price of Premium Motor Spirit (PMS), commonly referred to as petrol. This increase has pushed petrol prices to an all-time high of N990 per litre in Abuja and N965 per litre … Read more

Reduction in Petrol Price by Dangote Refinery Highlights Benefits of Deregulation – IPMAN

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Reduction in Petrol Price by Dangote Refinery Highlights Benefits of Deregulation – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the recent reduction in petrol prices by Dangote Petroleum Refinery as a testament to the advantages of deregulation in Nigeria’s downstream oil sector. Speaking in Abuja on Sunday, IPMAN Publicity Secretary, Mr. Ukadike Chinedu, commended Dangote for lowering its petrol price to ₦899.50 per litre, … Read more

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