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Abuja Fuel Stations Slash Prices Again As Cost Falls Below ₦830 Per Litre.
According to Nivo News, several fuel stations across the Federal Capital Territory have reviewed their pump prices downward as the landing cost of Premium Motor Spirit (PMS) continues to decline, falling below the ex-depot rate of the Dangote Refinery. The new development has triggered fresh price adjustments among major marketers.....KINDLY READ THE FULL STORY HERE▶
Checks conducted on Wednesday, November 5, revealed that leading marketers, including NIPCO, AA Rano, Eterna, and Empire Energy, have slashed their pump prices in various outlets across Abuja. NIPCO and AA Rano stations reportedly reduced their rates to ₦940 per litre from the previous ₦950–₦955 range, while Eterna now sells at ₦945, and Empire Energy at ₦955, down from ₦959.
This marks a reduction of between ₦4 and ₦10 per litre across different filling stations. In a related development, NNPC Retail also reviewed its pump price downward to ₦945 per litre from ₦955. However, stations such as MRS (Dangote Petrol) and Ranoil maintained their prices at ₦950 and ₦955 per litre as of Thursday morning.
A station manager at MRS, who spoke under anonymity, hinted that a price review might occur soon, saying, “We may reduce our price in the evening, but for now, we still sell at ₦950 per litre.”
The latest price changes follow a continued drop in landing costs, which have now fallen to ₦827.04 per litre as of November 3, 2025, down from ₦829.77 recorded at the end of October. Market data shows the current ex-depot prices as follows: Dangote Refinery – ₦872, Pinnacle – ₦872, NIPCO – ₦870, BOVAS – ₦870, Aiteo – ₦870, and AA Rano – ₦870.
This indicates that Dangote’s ex-depot price remains at least ₦2 higher than most depot operators and ₦44.96 above the current landing cost. Industry sources believe that this price gap could continue to pressure retailers to adjust pump prices downward.
The recent changes come on the heels of President Bola Ahmed Tinubu’s approval of a 15 per cent import duty on petrol and diesel, aimed at boosting local refining capacity and strengthening Dangote Refinery’s market position. Experts predict that once the new tariff fully takes effect, imported fuel could become more expensive, making local supply comparatively more competitive.
Analysts further warn that unless Dangote Refinery aligns its pricing structure with the current market realities, more filling stations may continue to review their rates downward, particularly those sourcing from cheaper depots.
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ed An UnpUnmatched Productivity: Akpabio Stated That President Tinubu Has commissionrecedented Number Of Projects Nationwide.
Senate President Godswill Akpabio has characterized President Bola Tinubu as a “miracle worker,” claiming that his volume of commissioned projects within his first three years in office is unprecedented in Nigeria’s history. Speaking on behalf of the President at the inauguration of the Old Keffi Road—a project marking Tinubu’s three-year milestone—Akpabio emphasized the government’s success in developing infrastructure in satellite towns. He further encouraged Nigerians to evaluate the President’s performance based on his long-standing track record of delivering results, dating back to his tenure as the Governor of Lagos State, as the primary benchmark for the 2027 presidential election.....KINDLY READ THE FULL STORY HERE▶
During the commissioning of the Old Keffi Road in the FCT, Senate President Godswill Akpabio highlighted the following points regarding President Tinubu’s administration:
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Unmatched Project Delivery: Akpabio stated that President Tinubu has commissioned more projects nationwide in his first three years than any previous Nigerian president.
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Impact on Infrastructure: He praised the “miracle” of development in satellite towns, specifically referencing projects in the Gaduwa district and Nasarawa State.
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2027 Election Benchmark: The Senate President urged voters to look at Tinubu’s history of results, starting from his time as Lagos State Governor, as a scorecard for the upcoming 2027 election.
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Call for Accountability: Akpabio proposed a new standard for elections where candidates are evaluated based on their proven record of work and tangible achievements.
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Rescue Mission Success! FG Confirms Friday Morning Arrival For 271 Returning Nigerians.
As part of its ongoing efforts to ensure the safety and voluntary repatriation of its citizens, the Federal Government has organized a third evacuation flight from South Africa. The flight, operated by Air Peace, is scheduled to depart Johannesburg at midnight on Thursday, carrying 271 Nigerians back home. According to the Ministry of Foreign Affairs, the aircraft is expected to land at Murtala Muhammed International Airport in Lagos at approximately 5:30 am on Friday, July 3, 2026.....KINDLY READ THE FULL STORY HERE▶
The Federal Government’s voluntary repatriation program continues with a third evacuation flight from South Africa set to arrive in Nigeria.
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Departure: The flight will leave Johannesburg at midnight on Thursday.
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Arrival: The 271 returnees on board are scheduled to reach Lagos by 5:30 am on Friday, July 3, 2026.
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Purpose: This operation is part of the government’s commitment to safeguarding its citizens and facilitating their safe return to the country.
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U.S. Independence Day: Embassy And Consulate In Nigeria Announce Temporary Closure For Public Holiday!.
In honor of the U.S. Independence Day holiday, the U.S. Embassy in Abuja and the Consulate General in Lagos have announced that they will be closed on Friday, July 3, 2026. The U.S. mission shared this information via their official social media channels on Thursday. The Fourth of July holiday annually commemorates the 1776 adoption of the Declaration of Independence, marking the moment the thirteen American colonies formally declared their independence from Great Britain.....KINDLY READ THE FULL STORY HERE▶
The U.S. Embassy in Abuja and Consulate General in Lagos will observe the U.S. Independence Day holiday by closing their offices on Friday, July 3, 2026. This annual holiday, celebrated on July 4, commemorates the historic event in 1776 when the American colonies declared their separation from Great Britain. The closure was confirmed in an official statement released by the U.S. mission on Thursday.
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