The price of petrol has changed at filling stations, private depots across the country, including the Dangote Petroleum Refinery
The development comes amid fears of fuel scarcity following threats Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and other unions to go on strike from today over concerns of alleged monopolistic practices by Dangote Refinery.
The association also cautioned that Dangote’s growing involvement in refining, storage, logistics and retail could marginalise existing operators
New data shows the average price of petrol has increased from N820 per litre to above N870 at filling stations, depending on the company and location.
Talks are ongoing between key petroleum unions to avert the strike threatened by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG)
New ex-depot petrol prices have emerged at private depots across Nigeria, including Dangote Petroleum Refinery. The development comes amid ongoing talks by unions to avert a threatened strike by tanker drivers
The price change was also observed at Wosbab, Heyden and Ardova, each posting depot prices of N850 per litre.
Petroleumprice.ng data showed that the Integrated Oil and Sahara ex-depot prices at N830 were the cheapest on Monday, September 8.
Other depots like MRS Tincan recorded N823, Pinnacle N842, and Dangote Petroleum Refinery N840. First Royal sold at N846, while A.A. Rano matched the top price of N850.
The new figures suggest an upward shift from an average of N820 per litre most depots were selling a few days ago.
The upward trend comes amid fears of fuel scarcity following threats by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and other unions to go on strike from Tuesday, September 9, over concerns of alleged monopolistic practices by Dangote Refinery.
NUPENG accused the company of barring new drivers for imported compressed natural gas (CNG) trucks from joining unions, a move it described as a step towards “modern slavery” in the sector.
The strike action, it said, was not a full work stoppage but a signal that unresolved disputes could escalate and trigger wider disruptions in fuel supplyThe Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) confirmed on Monday that talks are going on to stop the strike.
