The average retail price of Automotive Gas Oil, known as Diesel in Nigeria dropped slightly to N1403.96 per liter in May 2024 from N1415.06 in April. The National Bureau of Statistics disclosed this in its recently released May 2024 Diesel…
In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre…
Effective from Saturday, August 12, diesel prices hit N867 per litre in Lagos state and N875 in the Southwest region. This is because Diesel prices are skyrocketing despite being deregulated before the fuel subsidy removal because ex-depot prices are increasing.…
By Bankole Taiwo, Abeokuta The Ogun State Waste Management Authority (OGWAMA) has assured residents of the state of clean and tidy environment despite the huge operational cost arising from unexpected hike in diesel pump price. Chief Executive Officer of OGWAMA…
The Manufacturers Association of Nigeria, MAN, is seeking urgent intervention from the Federal Government to support the production of goods, as diesel price continues to increase. Lanre Popoola, the chairman, Manufacturers Association of Nigeria, MAN, Oyo, Osun, Ekiti and Ondo…
..Russia-Ukraine war, forex responsible for price hike — Secretary, MOMAN …Situation may remain unchanged until deregulation of sector revisited — Madaki By Uthman Salami, Ariemu Ogaga and Dennis Matthew Investigation by Nigerian NewsDirect has shown that the Diesel fuel, otherwise…
By Uthman Salami, Ariemu Ogaga and Matthew Dennis The rise in price of automotive gas oil (AGO) otherwise known as diesel above N400 per litre and 12.5 kilogramm (KG) of Liquefied Petroleum Gas (LPG) above N900 has exposed the negative…
The price of a litre of Automotive Gas Oil, also known as diesel, has maintained an upward trend as it rose to a record high of N290 this week. It was reported last week that the price of a litre…
