NLC accuses Dangote, oil marketers of inflating Petrol Price in Nigeria

Dangote News

NLC accuses Dangote, oil marketers of inflating Petrol Price in Nigeria
NLC
  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 22 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

The Nigeria Labour Congress has accused Dangote Group and oil marketers of ganging up to rip Nigerians off in the Premium Motor Spirit (Petrol) pricing. NLC disclosed this in a communiqué on Sunday after its National Executive Council Meeting held on Friday.

The Nigeria Labour Congress has accused Dangote Group and oil marketers of ganging up to rip Nigerians off in the Premium Motor Spirit pricing. NLC disclosed this in a communiqué on Sunday after its National Executive Council Meeting held on Friday. The Union noted that the current price of petrol, which stood between N1060 and N1,200 per litre, is higher than the market value.

reports that Dangote Group had announced that its petrol was sold at N960 and N990 per litre. However, Petroleum Marketers had insisted that imported petrol is cheaper than Dangote Petrol. But Dangote Refinery accused petrol marketers of importing cheap and substandard fuel, which was denied. Recent data from the Major Energies Marketers Association showed that the landing cost of imported petrol stood at N971 per litre.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyPostNGR /  🏆 11. in NG

NLC

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Despite Dangote refinery’s operations, Nigeria expects vessels of imported petrol, aviation fuelDespite Dangote refinery’s operations, Nigeria expects vessels of imported petrol, aviation fuelThe NPA explained that seven vessels, out of the nine expected, would berth diesel, crude oil bulk urea, petrol and aviation fuel.
Read more »

Dangote Refinery: Petrol marketers deny importing substandard fuel into NigeriaThe Independent Petroleum Marketers Association of Nigeria has denied an allegation by Dangote Group that its members import substandard Premium Motor Spirit (Petrol) into Nigeria. Spokesperson of IPMAN, Chinedu Ukadike, made this known in an exclusive interview with DAILY POST on Monday.
Read more »

Aliko Dangote: Our refinery has 500m litres of PMS to end scarcity -- but retailers aren't buyingAliko Dangote: Our refinery has 500m litres of PMS to end scarcity -- but retailers aren't buyingAliko Dangote, the founder of Dangote Group, says the Dangote Petroleum Refinery currently has over 500 million litres of petrol available for sale.
Read more »

IPMAN counters Dangote, says oil marketers unable to load petrol from refinery for daysIPMAN counters Dangote, says oil marketers unable to load petrol from refinery for days“Just of recent, there are some of my marketers that NNPC sent to load in Dangote refinery and those marketers stayed with their trucks for four days, and they cannot load.”
Read more »

Dangote refinery finally reveals petrol pricesDangote refinery finally reveals petrol prices“We have even gone lower to sell at N960 per litre for sale into ships while maintaining N990 per litre for sale into trucks,” the refinery said.
Read more »

Dangote Petrol: IPMAN, PETROAN hint on price reductionDangote Petrol: IPMAN, PETROAN hint on price reductionNigeria's petroleum marketers are upbeat they will sell Premium Motor Spirit (Petrol) cheaper than that of Nigerian National Petroleum Company Limited if Dangote Refinery begins direct sale of petrol to them.
Read more »



Render Time: 2025-04-21 23:52:10