See more as filling stations reduce diesel, petrol pump prices

• The terms of diesel has dropped crossed filling stations pursuing the determination by Dangote Refinery to slash the outgo of petrol
• Checks amusement that diesel, which is chiefly utilized by manufacturing companies, present sells for beneath N1,000 per litre
• The terms simplification is expected to bring alleviation to Nigerians who person been battling precocious ostentation and a rising outgo of surviving for months

Legit.ng writer Dave Ibemere has implicit a decennary of business journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends. (edited)

Diesel prices person dropped crossed large substance stations successful Lagos, bringing invited alleviation to businesses and households that trust heavy connected the substance for transportation, logistics, and powerfulness generation.

New information showed that astatine respective retail points surveyed crossed the city, prices person dipped beneath the N1,000 per litre mark.

Diesel prices successful Nigeria person dropped astatine respective filling stations. Photo credit: Bloomberg/contributor
Source: Getty Images

Petroleumprice.ng reports that astatine respective retail points surveyed crossed the city, prices person dipped beneath the N1,000 mark.

Blenvic is selling diesel astatine N980 per litre, portion NNPC’s outlet successful Igando lists it astatine N990.

On LASU Isheri Road, Mobil has adjusted its pump terms to N1,000, and Petrocam is dispensing astatine N999. A abstracted Mobil presumption successful Idowu Egba is selling adjacent little astatine ₦985.

Diesel terms changes astatine depots

Changes successful diesel retail prices are driven by falling depot prices.

In Lagos, cardinal suppliers including NIPCO, EMADEB, and MENJ are offering diesel astatine N915 per litre. IBETO and CHISCO are somewhat higher astatine N917.

Depot operators property the diminution to improved forex stability, accrued merchandise availability, and enhanced proviso from some section refineries and import channels.

The driblet successful planetary lipid prices besides contributed to the outgo of diesel.

Dangote slashes petrol prices

Dangote Petroleum Refinery precocious reduced the substance petrol terms of its partners' filling stations, which see MRS, Ardova Plc (AP), Heyden, Optima Energy, TechnoOil, and Hyde.

According to a pricing array shared connected X by the refinery, Lagos residents volition present acquisition petrol astatine N875 per litre, portion prices successful the South-West basal astatine N885.

Northern regions alteration slightly, with N895 successful the North-West and the Central areas, and N905 successful the North-East.

The South-South and South-East regions volition besides spot petrol priced astatine N905 per litre.

The refinery has urged consumers to study immoderate deviations from these prices done dedicated hotlines.

Part of the connection reads:

"Buy from our partners' retail outlets nationwide astatine the approved pump prices (per litre): Our prime petrol and diesel are refined for superior eco-engine show and are environmentally friendly."

10 astir costly states to bargain fuel

Earlier, Legit.ng reported that the National Bureau of Statistics has provided penetration into the states with the highest average retail terms of a litre of petrol.

The bureau, successful a caller study released, showed that the mean petrol terms was N1,239.33 successful April 2025.

This represents a 76.73% summation compared to the mean terms worth of N701.24 per litre recorded successful April 2024.

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Source: Legit.ng