…in the January 16, 2027 elections. Vanguard News The post Nigerian newspapers review: Fuel price rises, deepens pressure on transporters, businesses, others appeared first on Vanguard News.
….Fuel price hike may hamper school run ..School owners rue unpaid bills, high running cost …Parents should not be discouraged – NUT ..Uncertainty over resumption in unity colleges By Adesina Wahab and Dayo Johnson As primary and secondary schools reopen across the country on Monday, parents and guardians are set to co…
…exporting country. He called for stronger planning and regulation, adding that domestic fuel prices should not automatically rise whenever there is a geopolitical crisis abroad. “It can not just be that any time Iran attacks the U.S. or there is another conflict, the price goes up. We have to plan. And that is the only…
…on household budgets and boost economic productivity.FG raises funds to crash CNG prices nationwide as House>The minister also urged state governments yet to embrace the initiative to partner with investors and other stakeholders.He assured Nigerians that the Federal Government would continue supporting private investm…
…for pilots, meaning we earn Naira but spend USD,” Olawuyi explained.On the issue of fuel prices, he said it represents another significant burden that airlines pass on to consumers. He said airlines went from buying fuel at N900 in December 2025 to N3,000 in 2026. He added that this illustrates the cost of operations t…
…Government to intervene in the operations of Dangote Refinery to help reduce retail fuel prices. The National President of IPMAN, Abubakar Maigandi, made the appeal in an interview with DAILY POST on Tuesday. His appeal comes as fuel prices rose significantly to between N1,310 and N1,345 per litre in Abuja and its envi…
…Outlets Owners Association of Nigeria, PETROAN, have revealed the reasons for the latest fuel price hike in Nigeria. The national presidents of IPMAN and PETROAN, Abubakar Maigandi and Billy Gillis-Harry, respectively, blamed the rising fuel prices on the escalating conflict between the United States and Iran and the p…
…conflict in the Gulf region, according to the Financial Times. In Nigeria, domestic fuel prices jumped by between N46 and N100 per litre to between N1,310 and N1,345 per litre, from N1,210 to N1,275, at MRS, the Nigerian National Petroleum Company Limited (NNPCL), Ranoil and other filling stations in Abuja and its envi…
…States conflict, adding that the conflict had contributed to the recent increase in fuel prices. He argued that restoring fuel subsidy would place an unbearable financial burden on the country, questioning where the resources would come from to sustain such payments. ” Previous administrations often resorted to borrowi…
…domestic refining capacity and providing targeted, transparent support to reduce fuel prices and ease the cost of living. The subsidy debate is expected to remain a major issue ahead of the 2027 general election, with opposition parties increasingly making the cost of living, petrol prices, food inflation, unemployment…
…at various outlets ranging from N1,315 to above N1,400 per litre depending on location.Fuel prices have jumped across Nigeria, with some filling stations now selling petrol above N1,400 per litre. Photo: BloombergImagesPAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!Depot Prices Fuel th…
…prioritise domestic refining with targeted and transparent support aimed at lowering fuel prices and the cost of living. “The 2027 election will not be about who shouted ‘liar’ the loudest. It will be about who can put food on Nigerians’ tables, create jobs, provide security, and reduce the cost of living,” the ADC sai…
…influence of local supply, refining, logistics and market conditions on downstream fuel prices. According to OilPrice.com, Brent crude stood at $88.10 per barrel, down 0.47 per cent, while West Texas Intermediate, WTI, fell 0.16 per cent to $83.40 per barrel. However, petrol prices at major Nigerian depots remained ele…
…on restoring petrol subsidy had not changed and would not change.Atiku blamed rising fuel prices under Tinubu's administration for driving up transport and food costs for Nigerian families.
…both economic and physical security if elected. Atiku further stated that the rising fuel prices had increased transport and food costs, placing greater pressure on households. He stressed that he would support local production, help businesses grow and make wages more valuable for Nigerians. 2027: We’re competing ag…
…of petrol subsidy, with proponents arguing that it would cushion the impact of high fuel prices and the rising cost of living. However, Idris maintained that returning to the former subsidy regime would undermine the fiscal gains achieved since the removal of the subsidy and expose the country to the same structural pr…
…because it was not accompanied by sufficient measures to cushion the impact of higher fuel prices. He cited the current petrol price, which he put at about ₦1,300 per litre, saying a Nigerian with a 100-litre vehicle tank would require about ₦130,000 to fill it. “That is almost two times the minimum wage of a Nigerian,…
…price by N20 to N1,185 per litre and AGO by N100 to N1,670, increasing pressure on local fuel pricesPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Petrol depot prices incr…
…federal, state, and local governments, a record figure he credited to the removal of the fuel price discount.He asked Atiku to answer specific questions: what the annual cost of the programme would be, which revenue stream would fund it, whether the government would borrow to cover it, and how payments would be shielde…
…during the period under review followed Dangote Refinery’s N45 reduction in its gantry fuel price, from N1,210 to N1,165 per litre. Dangote Refinery’s petrol is N53.54 cheaper than imported fuel, whose landing cost stood at N1,218.54 per litre. The petrol price movement reflects the dynamic nature of Nigeria’s downstre…
…never support Tinubu. Melaye wrote: "WHY I WILL NEVER SUPPORT TINUBU. "1. IN 3 YEARS FUEL PRICE INCREASED BY 500% "2. NIGERIANS PAYING MORE FOR THE DARKNESS THEY HAVE ALWAYS LIVED IN. I MEGAWATT ADDED AS AGAINST 15 PROMISED BY TINUBU IN OCTOBER 2022. THIS IS 7% OF WHAT HE PROMISED. "3.UNDER TINUBU BAND A CUSTOMERS USE…
…of factors, including exchange-rate stability and tight monetary policy, rather than fuel price reduction alone. He noted that the real challenge was that food prices and the cost of other essential household items remained high, meaning Nigerians were yet to benefit significantly from the lower headline inflation rate…
…is preparing another price reduction, and this could trigger a new round of price changesFuel price relief may be on the way as global oil markets record steep losses. Photo: Bloombergprices on Tuesday, August 4Dangote – N1,215 per litreAiteo – N1,215 per litrePinnacle – N1,215 per litreAfrican Terminal – N1,216 per li…
…of Nigeria, obtained by The PUNCH, showed a clear relationship between rising fuel prices and weakening demand for the country’s three major petroleum products. According to the report, the average retail price of Premium Motor Spirit (petrol) rose from N1,035 per litre in January to N1,051 in February, before climbing…
…litres. The development comes against the backdrop of a sharp increase in aviation fuel prices that recently pushed up the cost of air travel in Nigeria. In March 2026, Jet A-1 prices rose from about N900 per litre in January to N2,557 per litre by the end of March, representing an increase of 184 per cent. The surge,…