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Scary! Petrol price may surge to N1,400 per litre — Dangote
Dangote Refinery, has warned that petrol prices could rise to as much as N1,400 per litre if Nigeria’s energy sector fails to fully embrace local fuel production.
The refinery reaffirmed its capacity to meet Nigeria’s fuel needs despite the nation’s continued dependence on imported petroleum products.
This warning was issued on Monday when officials of the Dangote Petroleum Refinery dismissed claims that the facility was shutting down for maintenance, describing the reports as false, misleading, and aimed at justifying another increase in pump prices.
According to the refinery, recent price trends underscore a troubling reality. It stated that without the Dangote Petroleum Refinery in operation, fuel importers would continue unchecked, with petrol prices potentially climbing to as high as N1,400 per litre in a post-subsidy regime.
“The refinery’s operations have therefore played a critical role in stabilising the downstream petroleum market,” the company said.
The refinery further maintained that its production activities remain continuous, steady, and uninterrupted. It disclosed that, depending on market demand, it is currently capable of producing between 40 million and 50 million litres of Premium Motor Spirit (PMS) daily.
It revealed that on January 4, the refinery produced 50 million litres of PMS and evacuated 48 million litres through its gantry.
Current stock levels, it added, are sufficient to cover more than 20 days of national consumption, effectively dispelling concerns over supply shortages.
The company also stated that from December 16, 2025, to date, it has consistently loaded between 31 million and 48 million litres of PMS daily from its gantry, in line with prevailing market demand.
These figures, it noted, are verifiable through depot loading records maintained by the Nigerian Midstream and Downstream Petroleum Regulatory Authority as part of its regulatory oversight.
Role of Dangote Refinery in stabilising fuel prices
In May 2023, the Federal Government ended Nigeria’s fuel subsidy regime, bringing an end to decades of price support that had kept petrol prices artificially low.
The removal of the subsidy led to sharp increases in fuel prices as pump prices adjusted to market realities, driven by global costs and the burden of fuel imports.
Since then, the Dangote Petroleum Refinery, Africa’s largest, has played a stabilising role in the downstream sector by securing large monthly petrol supplies and working towards eliminating fuel imports, thereby improving availability and reducing price volatility.
Fuel prices in Nigeria, which had climbed as high as N1,200 per litre, have dropped to as low as N699 since 2023, largely due to the refinery’s operations.
Despite these gains, the refinery continues to face challenges, including import-related issues and crude oil supply bottlenecks, which have limited the extent of price relief. Discussions also persist around market regulation and competition in the sector. (Business Insider Africa, headline adjusted)
By Prosper Olayiwola
A House of Assembly Candidate for Ikole Constituency 1 on the platform of the African Democratic Congress, ADC, Kayode Arewa Sanni, has called on his constituents, party members and supporters to unite ahead of the 2027 general elections.
Arewa Sanni made the call in Ikole-Ekiti while addressing party faithful and supporters at a stakeholders’ meeting convened to strengthen grassroots mobilisation in the constituency.
He said the 2027 elections present a defining moment for the people of Ikole Constituency 1 to chart a new course of inclusive representation, people-oriented legislation and accelerated development.
The candidate noted that disunity among party members and supporters remains the greatest obstacle to victory, stressing that only a united front can dislodge entrenched interests and deliver the dividends of democracy to the people.
“I appeal to all our party leaders, members, supporters and well-wishers across Ikole Constituency 1 to put aside personal differences and work together as one family. Our strength lies in our unity,” he said.
Arewa Sanni said his candidacy was driven by a desire to give Ikole Constituency 1 a vibrant and responsive voice in the Ekiti State House of Assembly, with focus on youth empowerment, education, healthcare and rural infrastructure.
He assured constituents that if given the mandate, he would prioritise quality representation and ensure that government presence is felt in all communities within the constituency.
He also called on supporters of the ADC across Ekiti State to rally behind the party’s vision of good governance, transparency and accountability as preparations for the 2027 polls gather momentum.
The aspirant expressed confidence that with unity, commitment and collective effort, the ADC would emerge victorious in Ikole Constituency 1 and other constituencies across the state.
No fewer than six inmates have died within one week following a suspected cholera outbreak at the Kurmawa Maximum Prison in Kano State.
Amnesty International raised the alarm in a post on its official Facebook page, calling on authorities to immediately declare an emergency at the correctional facility.
Amnesty said several other inmates were currently receiving treatment, warning that the death toll could be higher as the suspected disease continues to spread among prisoners.
It urged the authorities to immediately transfer critically ill inmates to hospitals for proper medical attention to prevent further deaths.
The organisation warned that failure to urgently intervene could amount to arbitrary deprivation of life, which it described as a serious human rights violation under international law.
Amnesty also expressed concern over the broader conditions in Nigerian correctional facilities, particularly the prolonged detention of inmates awaiting trial.
According to the organisation, detainees without financial means face greater difficulty having their rights protected, with some spending years in custody without being convicted of any crime.
It further said many inmates were being held in overcrowded and unhygienic cells without adequate food and healthcare.
Amnesty called for urgent reforms to improve conditions in Nigerian correctional facilities and ensure compliance with international best practices.
Popular media personality and self-acclaimed relationship expert, Blessing Okoro, popularly known as Blessing CEO, has reportedly lost her second son while remanded in custody.
The development was confirmed in an online appeal by Amira Agiye, head of the Isaamira Love Foundation, who spoke on Okoro’s behalf to request public financial assistance.
She said, “It is sad to announce to you all that Blessing CEO just lost her second son. My name is Amira Agiye.
“I’m here to appeal on behalf of Blessing CEO, who is currently in custody. I understand that people might have different opinions about her and the circumstances surrounding her case.
“And like every one of us, she deserves compassion and an opportunity for redemption.
She needs N20 million to meet the bail requirements. She also needs N36 million to pay the people she owes who brought the case against her.
“Please, Nigerians, let’s forgive her for the sake of that boy who is still in the mortuary. With Blessing’s full consent and authorisation, I’m appealing to all Nigerians to help donate so we can help her out of this situation.”
Also speaking in a voice conversation played by Amira, Blessing, CEO, said, “My second son, Bryan, was full of life. While in custody, I lost Bryan.
I pray this turns out positive so I can leave this place, pick up the pieces of my life and pay my respects to him.”
Recall that the self-acclaimed relationship expert was remanded in Kirikiri Prison over an N69.15 million property fraud trial.
She was granted N20 million bail in July 2026, with two sureties in like sum, and each surety was required to provide three years’ proof of deposits valued at N20 million.
Following her inability to meet the bail conditions, Blessing CEO, remains in prison facility two months after she was granted bail.
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