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• Fuel Price Increase: Ajaero Criticizes NNPCL’s Role in Dangote Refinery Pricing
• See Current Value of Naira to Dollar, as Naira Continues to Decline Because NNPCL Raises Fuel Prices Again
• Access Bank Announces Temporary Service Disruption for System Upgrade
• Why NNPC Increased Petrol Prices and Stepped Back from Its Role with Dangote On October 7, news broke that the Nigerian National Petroleum Company (NNPC) would no longer act as the sole off-taker for Dangote Refinery’s products. Insiders revealed to TheCable that this role had become an “unbearable burden” for NNPC, especially as it grapples with a $6 billion debt to international fuel suppliers. The financial pressures facing the company have significantly impacted its ability to ensure a consistent petrol supply. In a recent Bloomberg interview, Aliko Dangote, chairman of Dangote Industries Limited, called on the federal government to eliminate fuel subsidies, labeling them as unsustainable. Consequently, NNPC will now allow other marketers to purchase fuel directly from the Dangote refinery at market prices, a move that the government had initially sought to avoid. On September 14, the federal government had mandated that the refinery sell exclusively to NNPC, with independent marketers required to acquire petrol through the national oil company. However, the House of Representatives criticized this setup on September 26, urging the government to permit independent marketers to purchase directly from the refinery. With NNPC stepping back from its distribution role, insiders anticipate a rise in petrol prices at gas stations across the country, as additional costs will likely be passed on to consumers. However, there is hope that as the market opens up, competition will help stabilize prices and supply chains in the coming days.
• Dangote: Africa’s Future Oil Wealth Being Spent Today – A Call for Change
• Why Dangote Urges Nigeria Government to Stop Crude-for-Loan Agreements
• Dangote Refinery Sparks Controversy by Snubbing Oil Marketers on Direct Petrol Lifting
• Petroleum Marketers Set to Meet with DSS Over Petrol Pricing and Availability
• NCC Revokes Press Statement on Starlink Operations
• Dangote Petrol Distribution Launches New Price Structure as NNPC Adjusts
• See the Value of Naira against US Dollar as Naira Strengthens by N28
• See the amount Naira Falls to in Parallel Market — Lowest Point in Seven Months
• PENGASSAN Explains Why Independent Marketers Can’t Access Petrol from Dangote Refinery
• CBN to Inject ₦1.4 Trillion into Banking System Over Next Three Months
• Dangote Claims EFCC Office Raid Was Meant to Embarrass His Company
• Dangote Reveals Regrets Over Missing Out on Arsenal Football Club Purchase
• Naira Strengthens Slightly in Parallel Market; See the Current Value
• Naira Falls Sharply Against Dollar After Holiday, Black Market Sees Small Gain; See value against dollars 
• Breaking: Trump Announces New Cryptocurrency Platform
• CUPP Criticizes Dangote Refinery Over Fuel Pricing
• See the Amount Nigerians May Buy Dangote Petrol Per Litre
• CBN Introduces New Regulations for Point of Sale (PoS) Transactions; See Details 
• See the Current Value of Naira, Has it Appreciates at Official Exchange Rate
• NNPC’s Plan to Get Petrol from Dangote Refinery in Doubt as Key Details Still Missing
• Peter Obi Responds to Attack of LP Factional Chairman Abure’s, who call him Betrayal
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