August 31, 2026
Some motorists in the Federal Capital Territory (FCT) have expressed concerns over the high pump price of Premium Motor Spirit (PMS), popularly known as petrol.
Global oil prices rose on Monday, with Brent crude trading at about 90.35 dollars per barrel and West Texas Intermediate (WTI) crude trading at about 85.35 dollars per barrel.
Dangote Refinery increased its gantry price (ex-depot price) from N1,165 per litre to N1,185 per litre, and subsequently to N1,200 per litre and N1,265 per litre within the last one week.
Checks by NAN on Monday showed that filling stations across the FCT had adjusted their petrol prices upward.
