…prices recorded larger dropsThe diesel market saw even steeper reductions.Eterna cut its Automotive Gas Oil (AGO) price by N100 per litre, from N1,950 to N1,850, while Rain Oil reduced AGO from N1,950 to N1,900.Integrated and Duport each moved from N1,820 to N1,790, while Ibachem fell from N1,815 to N1,790.The average…

…refinery produced an average of 41.94ml/d of Premium Motor Spirit (PMS), 18.01ml/d of Automotive Gas Oil (AGO), commonly known as diesel, and 24.48ml/d of aviation fuel, also known as ATK.Of its PMS output, 35.87ml/d was supplied to the Nigerian market, while 9.73ml/d was exported.For AGO, domestic receipts stood at 12…

…the month. The refinery produced 41.94ml/d of Premium Motor Spirit (PMS), 18.01ml/d of Automotive Gas Oil (AGO) and 24.48ml/d of aviation fuel (ATK). Of the PMS produced, 35.87ml/d was supplied to the domestic market, while 9.73ml/d was exported. AGO domestic receipts stood at 12.37ml/d, against exports of 8.75ml/d, wh…

…70th birthday of Chisco Group founder Chief Chidi AnyaegbuChisco Group also committed to automotive skills training for eligible inmates at the Ikoyi facilityPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Adekunle Dada has over eight years…

The pump price of Automotive Gas Oil, AGO, popularly known as diesel, has surged above N2,000 per litre in Nigeria. A market survey by DAILY POST showed that the retail price of diesel jumped on Friday to between N2,000 and N2,020 per litre from N1,700 to N1,800 across AA Rano, Empire Energy, Ranoil and other filling s…

…to build a nationwide CNG ecosystem.The programme has also trained more than 7,700 automotive technicians and created over 10,000 direct and indirect jobs, according to the minister.655 buses, 5,123 tricycles deployedThe government has also deployed 655 CNG-powered buses and 5,123 CNG tricycles as part of efforts to ex…

…established across the country.Ekpo added that the initiative had trained over 7,700 automotive technicians and generated more than 10,000 direct and indirect jobs.The programme has also facilitated the procurement and deployment of 655 CNG-powered buses and 5,123 CNG tricycles, alongside thousands of privately convert…

…refining sites and recovered approximately 103,000 litres of suspected illegally refined Automotive Gas Oil (AGO) around the Ohaji axis of Egbema-Ndoni LGA of Rivers State. On 27 August 2026, troops intercepted two tanker trucks preparing to siphon crude oil from an illegal collection point at Aleto in Eleme LGA of Riv…

…painting and decoration, tiling, plumbing and pipe fitting, solar installation, and automotive mechatronics. The curriculum blends hands-on practical work with theory, literacy, numeracy, entrepreneurship, and soft skills.Through a partnership with the National Board for Technical Education, the institute delivers trai…

National Automotive Design and Development Council (NADDC) has disclosed that the Nigerian vehicle market is dominated by pre-owned (popularly known as tokunbo) vehicles by 90 percent. Speaking at the weekend in Abuja, the Director of Media, Mrs Susan Taiwo, in a paper presentation said high cost of brand-new vehicles…

…with our new search feature at Legit.ng! Dangote Petroleum Refinery has increased its Automotive Gas Oil (AGO) pump-out price by N100 per litre, moving the rate from N1,570 to N1,670, with the new pricing taking effect from midnight on August 21.The adjustment represents a 6.4% rise and reverses a period during which t…

…renewed activity is particularly noticeable in diesel, with trucks lining up to load Automotive Gas Oil (AGO) as marketers take advantage of the growing price difference between Dangote’s supply rates and competing depot prices.Marketers turn to Dangote Refinery amid high depot prices ImagesDangote’s gantry prices have…

…in the diesel market is similarly pronounced. MEMAN put the spot import-parity price of Automotive Gas Oil (AGO) at N1,649.52 per litre, while Dangote Refinery's AGO gantry price stands at N1,570 per litre, making locally refined diesel N79.52 cheaper per litre than the current import estimate.

…manufacturing, services and economic reforms contributing to job creation. Slovakia’s automotive industry and foreign investment have been major sources of employment, although many opportunities are concentrated around major urban and industrial centres. Slovenia’s diversified economy and skilled workforce have helped…

Key stakeholders in Nigeria’s automotive industry have raised concerns over safety gaps threatening the country’s transition to Compressed Natural Gas and Electric Vehicles, warning that weak regulation, inadequate testing facilities and poor public awareness could undermine the Federal Government’s clean mobility agen…

…litres in June after pump prices eased. Diesel consumption also weakened as prices rose. Automotive Gas Oil sold for an average of N1,362 per litre in January, N1,420 in February and N1,648 in March. Prices surged to N2,475 in April, reached N3,277 in May and moderated to N2,900 in June. Average diesel consumption stoo…

…as the group's global headquarters in 2003.Today, Stallion Group operates across the automotive, commodities, food, steel, plastics, packaging, petrochemicals, port operations, and technology sectors. The company also runs vehicle assembly plants and dealerships representing brands such as Nissan, Hyundai, Volkswagen,…

…and the economy for over a decade.Dangote Petroleum Refinery has resumed the sale of Automotive Gas Oil (AGO), commonly known as diesel, after an eight-day suspension, but marketers will now pay a higher price as the company raises its gantry rate to ₦1,650 per litre.The latest pricing marks a ₦150 increase from th…

…dollars.The refinery's shift to dollar-denominated sales of Premium Motor Spirit (PMS), Automotive Gas Oil (AGO) and Aviation Turbine Kerosene (ATK) has pushed up replacement costs for marketers. This shift reacted across the supply chain, compelling private depots in Lagos, Warri, Port Harcourt and Calabar to update t…

…and the economy.Fresh shipments of Premium Motor Spirit (PMS), also known as petrol, Automotive Gas Oil (AGO), Liquefied Petroleum Gas (LPG), butane and aviation fuel arrived at major petroleum depots in Lagos, Warri and Port Harcourt between July 13 and July 17 as fuel marketers intensify efforts to replenish inventor…

…during the month, potentially supporting inventory replenishment. The supply of Automotive Gas Oil, commonly known as diesel, declined by 14 per cent in June. AGO receipts fell from 18.8 million litres per day in May to 16.2 million litres per day in June, a decline of 2.6 million litres or 13.8 per cent. The decline w…

…sales, while coastal deliveries of petrol are priced at $1,044.62 per metric tonne.Automotive Gas Oil is set at $1.087 per litre, and Aviation Turbine Kerosene has been priced at $0.942 per litre.Liquefied Petroleum Gas remains the only product exempted from this shift, continuing under its existing domestic payment st…

…LASTMA abandon road Every day, thousands of trucks conveying Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), aviation fuel and other petroleum products converge on the Apapa axis, resulting in severe traffic congestion that disrupts business activities, port operations, residential communities and the movement of…

By Theodore Opara The Nigerian Automotive Manufacturers Association, NAMA has advised the Federal Government to complement its 2026 fiscal policy reforms with strong industrial protection measures, warning that tariff liberalisation without adequate safeguards could threaten investments in Nigeria's automotive manufact…

By Udeme Akpan, Energy Editor Pump price of Automotive Gas Oil (AGO), otherwise known as diesel, have recorded significant hikes in Lagos, Port Harcourt and Warri. This comes against a relatively stable prices for Premium Motor Spirit (PMS) otherwise known as petrol despite fears of pressure from a renewed hostility in…