…who tend to consume more fuel. The advice comes as Nigeria faces renewed pressure over petrol prices following increases in global energy costs. The Federal Government recently announced a 30-day petrol discount at Nigerian National Petroleum Company Limited retail stations, with priority for public transport operators…

…helping to reduce transport fares and ease the financial burden on Nigerians amid rising petrol prices. Tinubu disclosed this in a post on his X platform on Sunday, citing accounts from commuters and commercial drivers who said they were spending less on transportation after switching to CNG-powered and electric vehicl…

…separately, according to a release by the Presidency. Lagos and Warri record higher petrol pricesIn Lagos, Nipco’s petrol depot price increased by ₦27, from ₦1,323 to ₦1,350 per litre. Aiteo raised its quotation by ₦26 to ₦1,350, while Wosbab moved from ₦1,323 to ₦1,342, PetroleumPriceNG reported.Warri…

…households. "The fiscal correction came at a high social cost," it said. The report said petrol prices had risen to "quintuple from 2023 levels" following subsidy removal, contributing to an estimated national poverty rate of 63 per cent in 2025. It attributed the poverty estimate to an April 2026 World Bank report.Nig…

…fuel-price volatility back into focus for consumers.Global car sales plunge 50% as high petrol prices drive rates to an all-time low. ImagesWhat the figures mean for Nigerian buyersFor Nigerian shoppers comparing Tokunbo and brand-new vehicles, the trend raises a practical question: how much will a car cost to run afte…

…crude supply comes amid renewed calls for the return of fuel subsidies following rising petrol prices and the economic pressures associated with the Tinubu administration’s reforms. The Federal Government recently announced a 30-day petrol discount at outlets operated by the Nigerian National Petroleum Company Limited.…

…Honeywell, Ardova and Prudent depots in Lagos quoted N1,350 per litre.FG moves to cap petrol prices at N1,350 as several depots adjust their rates. Photo: NurphotoImagesMasters depot and Northwest depot in Calabar also listed petrol at the same price.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng o…

…the Federal Government and relevant petroleum regulators to address the impact of rising petrol prices on transportation costs, warning that the burden is making education increasingly expensive for students. The association also called on Aliko Dangote and the management of Dangote Petroleum Refinery to establish a de…

…warning that reinstating the policy would trigger severe economic instability, driving petrol prices above ₦2,000 per litre and pushing the exchange rate toward ₦3,000 per US dollar. Speaking at a press briefing in Abuja on Thursday, October 8, addressing fuel pricing and growing public calls for subsidy reinstatement,…

…Campaign Council (ADC-PCC) has criticised the Federal Government’s decision to reduce petrol prices at NNPC filling stations for 30 days, describing the move as a temporary measure ahead of the 2027 general election. The council was reacting to comments by the Minister of Finance and Coordinating Minister of the Econom…

The Federal Government has announced 10 measures to cushion the impact of rising petrol prices and protect households, businesses and transport users from further price shocks. The measures were outlined by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Thursday during a press brief…

Depot operators in Warri, Port Harcourt and Calabar raised petrol prices by as much as N25 per litre on Thursday, October 8Ibeto depot in Lagos raised its diesel price by N195 per litre amid growing concerns over crude supply disruptionsBrent crude climbed to $105.02 per barrel, with tanker traffic through the Strait o…

PRP presidential candidate Donald Duke told Channels Television he had a plan to cut petrol prices significantly for NigeriansDuke argued that petroleum products for local consumption should be priced based on production costs, not international market ratesThe former Cross River governor outlined a crude oil allocatio…

MRS and Ardova filling stations in Lagos have reduced petrol prices to N1,355 per litre from N1,370 and aboveAA Rano, Ranoil and other filling stations in Abuja have cut their prices to N1,400 per litre from N1,420The latest reductions follow Dangote Refinery’s N25 cut in its gantry petrol price to N1,325 per litrePAY…

…logistics and retail margins are added.Transportation costs add to the burdenRising petrol prices have pushed up transportation costs across the country, adding further strain on the LPG supply chain and, by extension, on consumers.Adenike Osho, a consumer in Lagos, told Legit.ng that households had not yet recovered f…

…said the decline in crude oil prices should translate into a significant reduction in petrol prices. He expressed concern over the continued impact of high fuel costs on household expenses and businesses. “Mr President, during his Independence Day speech said he will do more to address the high cost of living, energy i…

…The council had threatened industrial action if the Federal Government failed to reduce petrol prices to N500 per litre and approve a new wage award for workers. The post ‘This govt doesn’t engage’ — Ajaero accuses Tinubu’s admin of disconnect from NLC appeared first on Vanguard News.

…Nigerians are yet to see tangible benefits from the policy despite the sharp increase in petrol prices. Speaking with newsmen in Abeokuta on Saturday, Babajide said Nigerians were currently buying petrol at between N1,400 and N1,500 per litre without experiencing corresponding improvements in their living conditions. “…

…filling station.G7 releases reserves to cool pricesMarketers and Dangote Refinery slash petrol prices as UK faces the highest-ever diesel rates. ImagesMeanwhile, G7 countries agreed to coordinate the release of 100 million barrels of oil and petroleum products through the International Energy Agency.The release will be…

…purchasing power and slower orders squeeze marketers’ cash flow, even as wholesale petrol prices fallCrude price swings, inventory costs and aggressive bargaining complicate pricing, and do not alone prove market manipulationPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your…

…and GistReel. Email: ankrah.shalom@corp.legit.ng. Tags: Nigerian YouthsDiaspora Hot: Petrol prices Nigerian agricultural quarantine service Love messages girlfriend Naruto female characters {{content}} {{web_article_infinite_1}} {{jsonLd}} Loading...

…viral video while questioning why some Nigerians who previously criticised Jonathan over petrol prices are now defending Tinubu despite the higher cost of fuel. He recalled that petrol sold for ₦98 under Jonathan and said some Nigerians protested at the time, accusing the former president of poor economic management. “…

…to ₦1,370 per litre, down from ₦1,395 per litre.After NNPC, MRS filling stations cut petrol prices by N25 per litre. OilImagesThe new price was observed at MRS outlets in Katampe and along the Lugbe Expressway in Abuja, bringing some relief to motorists struggling with elevated fuel costs.PAY ATTENTION: From breaki…

…pushed depot fuel prices lowerSeveral Lagos, Warri, Port Harcourt and Calabar depots cut petrol and diesel prices between September 21 and 25The crude rebound followed Iran's rejection of a seven-day truce proposal linked to the Strait of HormuzPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will ap…

…or guarantee immediate reductions at filling stations across Nigeria.Dangote crashed petrol prices below landing costsLegit.ng earlier reported that Oil marketers are increasingly lifting petroleum products from the Dangote Petroleum Refinery as the cost of importing petrol and diesel remains above the refinery’s selli…