Human rights lawyer, Femi Falana, SAN, says it is illegal for the Nigerian National Petroleum Company Limited, NNPCL, to determine the price of Premium Motor Spirit, also known as petrol, for the Dangote Refinery after deregulation.

Nigerian state oil firm NNPC Ltd on Monday increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.

Nigeria has reached an agreement with the Dangote Refinery through which the country’s state-owned energy firm will be the sole distributor of gasoline from the plant.

When the news broke last week that an agreement was now in place that would see to NNPCL loading petrol from the Dangote Refinery, it came with a mix of joy and relief for some of us

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it is ridiculous for the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol loaded from Dangote Refinery higher than imported ones.

Nigeria’s state-owned energy firm began shipping gasoline from the Dangote Refinery, a step that could end decades of dependence on imports of the fuel for Africa’s largest crude producer.

Nigerian state firm NNPC Ltd raised petrol prices by 11%, marking a second increase in two weeks. The hike follows NNPC's fuel purchase from Dangote refinery. This move comes amid rising inflation and public discontent,