Long Queues at MRS Stations FUEL queues are resurfacing across Lagos as petrol prices climb above ₦1,000 per litre. On Saturday morning, motorists and commercial drivers were spotted forming long lines at MRS filling stations along the Ibadan/Lagos Expressway, where Premium Motor Spirit (PMS) was still being sold at ₦937 per litre. Other stations on […]
A Landmark Shift in Fuel Supply NIGERIA’S downstream petroleum landscape is set for a major overhaul as the Dangote Petroleum Refinery prepares to supply up to 65 million litres of petrol daily to the domestic market. Speaking in Lagos, Aliko Dangote, President of the Dangote Group, confirmed that a comprehensive offtake framework has been agreed […]
By ESTHER McWILLIS-IKHIDE PETROL imports climbed sharply to 52.1 million litres per day in November 2025, even as Nigeria’s daily petrol consumption fell to 52.9 million litres, according to new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The regulator’s Fact Sheet shows a major jump in imports from 27.6 million litres […]
By ESTHER McWILLIS-IKHIDE AS Nigeria prepares to implement a 15% tariff on imported petrol and diesel, the Dangote Refinery has assured that it produces enough fuel to meet the country’s demand. Anthony Chiejina, Chief Branding and Communications Officer of Dangote Industries Limited, said the refinery loads over 45 million litres of petrol and 25 million […]
By ESTHER McWILLIS-IKHIDE DANGOTE Industries Limited has dismissed reports of petrol scarcity, price hikes, and disputes with PENGASSAN. Vice President Devakumar Edwin said the refinery currently holds 312 million litres of PMS ready for loading and can meet Nigeria’s fuel demand. He noted that the refinery also exports about 50% of its products to countries […]
CONFUSION has surrounded reports that Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), resigned under pressure from security agencies. Some reports suggested that operatives of the EFCC and DSS forced him to sign a resignation letter. The Presidency has denied these claims, confirming that Ojulari remains the substantive […]