Connect with us

Special Reports

Petrol price rises in Abuja as Dangote increases gantry rate

Published

1 day ago

on

iooreeeee 1789299759
FacebookX
Petrol price rises in Abuja as Dangote increases gantry rate

Petrol prices have risen to about N1,430 per litre in Abuja, causing concern among residents.

The latest incease comes after Dangote Petroleum Refinery increased it’s gantry price by N85, from N1,265 to N1,350 per litre, amid a surge in global crude oil prices.

Brent crude, the benchmark for Nigeria’s oil, was trading at about 107.92 dollars per barrel, and has now risen to 108.21 dollars per barrel.

The increase has intensified pressure on downstream operators and triggered further adjustments in petrol prices across the FCT.

Motorists will most likely be faced with higher prices at filling stations in the coming weeks, higher transportation costs and more financial burden on households.

As of this morning, some filling stations have adjusted their prices from N1,350 to N1,400 per litre to N1, 430 per litre.

I

Related Topics:

I am a seasoned journalist known for my incisive reporting and unwavering commitment to journalistic integrity. As a key member of the nop.ng team, I specialize in delivering balanced coverage of socio political developments and cultural affairs throughout Nigeria. Driven by a passion for uncovering the truth regardless of the complexity of the issue I have established myself as a trusted voice in Nigeria’s dynamic media landscape, continually striving to empower my audience with clear, contextually rich news.

Trending