Tricycle rider uses power oil as fuel due to high petrol costs …C0NTINUE READING HERE >>> A Nigerian tricycle rider has sparked attention after using Power Oil to fuel his tricycle engine, opting for it over the high cost of petrol in the country. The incident was shared in a viral TikTok video, showing the … Read more
Fuel stations to adjust pump price as petrol crashes …C0NTINUE READING HERE >>> All seems set for Nigerians to savour slightly lower prices for petrol following a crash in the landing cost of petroleum products. From all indications based on the data from major marketers, including the Nigerian National Petroleum Company Limited (NNPCL) that … Read more
Dangote to supply 240m litres of Petrol to IPMAN monthly …C0NTINUE READING HERE >>> Dangote Refinery has entered an agreement to supply 240 million litres of petrol to the Independent Petroleum Marketers Association of Nigeria (IPMAN) monthly. The Refinery is expected to supply the Independent marketers with 60 million litres of petrol weekly which translates … Read more
Production cost of petrol now N600-PETROAN …C0NTINUE READING HERE >>> The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has claimed that the Dangote Refinery is wrong for insisting their products will be sold at market price. Speaking when he appeared on a live broadcast of Nigeria Info FM 99.3 monitored by … Read more
Dangote Refinery and IPMAN Reach Agreement On Direct Petrol Supply …C0NTINUE READING HERE >>> Newsone Nigeria reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the commencement of direct sales of Dangote’s Premium Motor Spirit (Petrol) to its members will crash the price of fuel in the country in the coming days. This … Read more
Petrol landing cost drops to ₦971 per litre, pump price remains high …C0NTINUE READING HERE >>> The landing cost of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria has dropped to ₦971 per litre for November 2024. This reflects a notable 20.23% decrease from ₦1,219 per litre in August, according to data from … Read more
IPMAN: Dangote Sets the Record Straight …C0NTINUE READING HERE >>> The Dangote Petroleum Refinery wishes to clarify that it has not received any payments from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to purchase refined petroleum products. Although discussions are ongoing with IPMAN, it is misleading to suggest that they (IPMAN Members) are experiencing … Read more
BREAKING: Finally, Dangote Refinery reveals cost of its petrol …C0NTINUE READING HERE >>> Dangote Refinery has finally disclosed it sells its Premium Motor Spirit (PMS), popularly known as petrol/fuel, at N990 per litre into trucks. TheNewsGuru.com (TNG) reports Dangote Refinery also disclosed it sells its petrol at N960 per litre into ships, adding that the … Read more
Ghana to import petrol from Dangote Refinery …C0NTINUE READING HERE >>> The National Petroleum Authority of Ghana says it is proposing to import refined petroleum products from Dangote Refinery to boost its energy security and sustain business cooperation with neighbours. Dr Mustapha Abdul-Hamid, Chief Executive Officer, NPAG, said this at the 2024 OTL … Read more
Adjust cost, revenue – Tinubu tells Dangote, crude oil committee …C0NTINUE READING HERE >>> President Bola Tinubu has called for cost and revenue adjustment in the oil sector and asked the Implementation Committee on the Naira-based sales of crude oil and refined products to resolve any teething problems in the sector. President Tinubu … Read more