PETROL Archives - The Glitters Online https://theglittersonline.com.ng/tag/petrol/ A voice for the people Sat, 27 Jun 2026 18:53:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 119911796 Firefighters Avert Petrol Tanker Explosion In Kwara https://theglittersonline.com.ng/petrol-53/ Sat, 27 Jun 2026 18:53:12 +0000 https://theglittersonline.com.ng/?p=363150 Firefighters Avert Petrol Tanker Explosion In Kwara   Firefighters on Saturday averted a major disaster in Ilorin, the Kwara State capital, after preventing a petrol tanker carrying 45,000 litres of Premium Motor Spirit from exploding following a mechanical fault. The incident occurred around 9:40 a.m. at Madi Junction along the Oko-Olowo Expressway. The Kwara State […]

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]]> 363150 U.S.-Iran Truce Could Slash Petrol Price To N900 https://theglittersonline.com.ng/petrol-52/ Mon, 15 Jun 2026 05:30:27 +0000 https://theglittersonline.com.ng/?p=361946 U.S.-Iran Truce Could Slash Petrol Price To N900   The price of Premium Motor Spirit (petrol) may drop to as low as N900 per litre in the coming days if the proposed peace deal between the United States and Iran materialises and crude oil prices continue their downward trend, industry operators have stated. Recent developments […]

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]]> 361946 Petrol Prices To Crash As Strait Of Hormuz Reopens https://theglittersonline.com.ng/petrol-prices-2/ Sat, 18 Apr 2026 04:14:02 +0000 https://theglittersonline.com.ng/?p=357031 Petrol Prices To Crash As Strait Of Hormuz Reopens   The reopening of the Strait of Hormuz following a ceasefire agreement in the Middle East is expected to calm global oil markets and ease petrol prices, but experts have warned that Nigerians may not see immediate relief at the pumps. They noted that while easing […]

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]]> 357031 Daily Petrol Imports Decline By 42.2% To 24.8m Litres https://theglittersonline.com.ng/daily-petrol/ Mon, 16 Feb 2026 05:39:19 +0000 https://theglittersonline.com.ng/?p=351882 Daily Petrol Imports Decline By 42.2% To 24.8m Litres   The volume of Premium Motor Spirit, otherwise known as petrol, imported into the country declined by 42.2 per cent in January 2026 to 24.8 million litres per day, down from 42.8 million litres recorded in December 2025, a report published by the Nigerian Midstream and […]

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]]> 351882 Price War: Retailers Drop Petrol Below Dangote’s N739/litre https://theglittersonline.com.ng/petrol-51/ Mon, 12 Jan 2026 05:40:14 +0000 https://theglittersonline.com.ng/?p=348981 Price War: Retailers Drop Petrol Below Dangote’s N739/litre   The price war in the petroleum sector has continued to deepen as some retail outlets have dropped the prices of Premium Motor Spirit (petrol) below the N739 per litre recommended by the Dangote Petroleum Refinery. Dangote refinery slashed petrol pump prices from about N900 to N739 […]

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]]> 348981 CBN Forecasts Petrol Price At N950 Per Litre In 2026 https://theglittersonline.com.ng/cbn-forecasts-petrol/ Sat, 10 Jan 2026 14:25:11 +0000 https://theglittersonline.com.ng/?p=348857 CBN Forecasts Petrol Price At N950 Per Litre In 2026   The Central Bank of Nigeria, CBN, said the price of Premium Motor Spirit, PMS, also known as petrol could rise to about N950 per litre in 2026. The Dangote Petroleum Refinery currently puts its gantry price at N699 per litre while the retail price at MRS […]

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]]> 348857 Private Depots Hike Petrol To N800/litre In Lagos https://theglittersonline.com.ng/petrol-50/ Sun, 04 Jan 2026 05:15:46 +0000 https://theglittersonline.com.ng/?p=348355 Private Depots Hike Petrol To N800/litre In Lagos   Private petroleum depots across Lagos and other key fuel trading hubs have raised the ex-depot price of Premium Motor Spirit (petrol) to as high as N800 per litre. Data obtained from petroleumprice.ng on Saturday showed that the average cost of petrol at private depots increased sharply […]

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]]> 348355 Marketers Blame Depots As Petrol Price Nears N1,000/litre https://theglittersonline.com.ng/petrol-49/ Wed, 15 Oct 2025 05:25:02 +0000 https://theglittersonline.com.ng/?p=341681 Marketers Blame Depots As Petrol Price Nears N1,000/litre   Amid worsening supply challenges and rising pump prices, petroleum marketers have begun moves to import petrol independently as the commodity moved close to the N1,000 per litre mark across major cities in the country. Marketers said supply constraints and production glitches at the Dangote Petroleum Refinery […]

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]]> 341681 Dangote Petrol N65 Cheaper In Togo- Importers https://theglittersonline.com.ng/dangote-petrol-2/ Sun, 14 Sep 2025 05:19:52 +0000 https://theglittersonline.com.ng/?p=339178 Dangote Petrol N65 Cheaper In Togo- Importers   Some fuel importers in the country have alleged that the Dangote refinery sells a litre of petrol to international traders at N65 cheaper than the amount it gives the product to marketers in Nigeria. The Depot and Petroleum Product Marketers Association of Nigeria, Petroleum Products Retail Outlet Owners […]

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]]> 339178 Petrol Consumption Drop By 28% https://theglittersonline.com.ng/petrol-consumption/ Mon, 01 Sep 2025 05:36:42 +0000 https://theglittersonline.com.ng/?p=338094 Petrol Consumption Drop By 28%   Petrol consumption nationwide has fallen by 28 per cent over the past two years, as pump attendants across filling stations are left with scanty vehicular calls. Latest figures from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) show that the daily volume of Premium Motor Spirit (PMS), popularly […]

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