The federal government on Saturday slashed the petrol price by Re1 per litre for the next fortnight in view of price ...
The ex-depot petrol price currently stands at Rs257.13 per litre, while that of HSD is Rs267.95 per litre. Kerosene’s official rate is Rs174.85 per litre but it is sold at Rs300-350 per litre.
Informed sources said the ex-depot petrol price was estimated to go down by Rs2-2.50 per litre depending on final calculation ...
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But if crude prices go above $80/pb, then the days of well over N1,000 petrol will return. On February 1, Dangote reduced the petrol price from N950/pl to N890/pl.
The latest petrol price adjustments saw an increase of 82 cents per litre for both 93 and 95 unleaded petrol in February 2025, while diesel prices rose between R1.01 and R1.05 per litre.