News
BREAKING: Fuel Price Surges to N1,030
By
The price of petrol has increased to N1,030 per litre at several Nigerian National Petroleum Company Limited (NNPC Ltd) stations in Abuja as of Wednesday.According to *Premium Times*, the hike followed NNPC’s decision to end its exclusive purchasing agreement with Dangote Refinery.
As a result, NNPC is no longer the sole buyer from the refinery, allowing independent marketers to negotiate prices directly with Dangote Refinery.
This change reflects the standard approach for fully deregulated products, where refineries can sell to marketers based on a willing buyer, willing seller arrangement.
-
Entertainment4 days agoBurna Boy, Wizkid, Tems Lead Afrobeats Charge at 2025 MTV VMAs (Full List)
-
Politics4 days ago
Goodluck Jonathan Poised for 2027 Presidential Run Under PDP
-
Politics4 days ago
Sowore Reportedly Injured in Police Custody During Cell Invasion
-
Music7 days ago
Tiwa Savage and Skepta Join Forces on ‘On The Low’
-
Politics4 days agoAmadi: North May View Jonathan’s Return as Strategic Advantage
