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The National Bureau of Statistics (NBS) says the average retail price of a litre of petrol witnessed an increase from N1,051.47 in February to N1,288.54 in March.
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Fuel prices in the Federal Capital Territory have surged sharply, with petrol now selling for as high as N1,371 per litre at some stations, sparking frustration among consumers.
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An energy policy group has urged President Bola Ahmed Tinubu to reconsider the broader economic implications of recently issued permits allowing marketers to import petrol, warning that the decision could
The post Energy group urges to review expanded petrol import permits appeared first on The Nation Newspaper.
LAGOS — The unprecedented U.S. and Israeli military strikes on Iran have triggered the exact nightmare scenario global energy markets
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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 Downstream Petroleum Regulatory Authority, NMDPRA, has indicated.
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