Fuel marketers say Nigerians should brace for higher petrol prices between March 3 and 4, 2026, after the Dangote Refinery raised its gantry price of PMS to about ₦874 per litre, a jump driven by the sharp surge in global crude oil prices linked to the escalating Iran–US–Israel conflict.
Reports show the refinery increased the ex‑depot rate by ₦75–₦100, with industry officials confirming that retail stations nationwide will adjust pump prices immediately to reflect the new supply cost.
The conflict intensified after a strike that killed senior Iranian leaders, triggering global oil market volatility and pushing crude above $80 per barrel, which in turn forced Dangote to revise domestic pricing.
Chai! E don happen 🤯
ReplyDeleteMay the soul of senior Iranian leader rest in peace Amen 🙏
You are one of the dumbest fool on this blog
Delete@Glory O, you know you mustn't comment on every post, right??
DeleteGod bless Jagaban 💃💃💃
ReplyDeleteAsiwaju will fix Nigeria. Everyone should calm down.
Delete©️ TEEJAY
Nawa o
DeleteLobatan!
ReplyDelete*Sigh*
Dangote go still reduce it.
ReplyDeleteI keep saying it. It will take the grace of God for a litre not to go beyond 1500 naira. We are only in day 3 and this shit is really hitting the fan hard. In 3 weeks or so that's when these supply disruptions will hit become more dire. Ships are already lining up waiting for the situation in the strait of Hormuz to soften. Over 30% of global shipping must pass through that strait. Any ship that risks passing through that area will lose its insurance cover and without insurance, no ship moves around.
ReplyDeleteThe global economy can't really handle disruptions of this scale. Iran is prepared to take down as many countries as it can with it. That's why it is targeting oil installations in Qatar and Saudi Arabia. The US needs to back off or we will all suffer for it.
Make dem kwantinue🥺
ReplyDeleteThis Regime go favour me and my family!!!😁😁😁
ReplyDelete