Oil & Energy
PH Residents Decry Petroleum Pump Price Increase

A cross section of Port Harcourt residents has kicked against the new increase in the pump price of petroleum products in the country.
This follows the recent adjustment of the ex-depot price of petroleum products, indicating that Nigerians will now pay more for the products.
The adjustment was contained in an internal memo by the Petroleum Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
The document, dated November 11, 2020, was signed by the Marketing Manager of PPMC, Mr Tijani Ali, and addressed to the PPMC’s Executive Director, Commercial.
With the new increments in the ex-depot price, marketers would now have to dispense petroleum products to end users at between N165.00 and N173.00, per litre.
Already, some residents of Port Harcourt in Rivers State have started lamenting the new increase in pump price of petroleum products, describing it as wicked and unacceptable.
A motorist who simply gave his name as Ogbundu, expressed the fear that the latest increase in petroleum pump price would only serve to increase the hardship of the citizenry who were already facing difficulties.
Another respondent, Mrs Ibiye Edwards, complained that the prices of foods and services were already high in the market, saying a further increase in petroleum pump price would cause prices of commodities to go higher.
Also responding, a taxi driver, Mr Effiong Bassey, stated that the new price regime in the petroleum sector would force the transportation fares to go up.
According to him, a short distance between Isaac Boro Park at Mile One to Garrison may now attract N100 as against the N50 being currently charged.
Meanwhile, the Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN) at the Port Harcourt Refinery, Mr Joseph Obele, has exonerated IPMAN from the price increase.
Obele stated that IPMAN did not have any hand in the price increase and expressed the fear that a new pump price would bring untold hardship on Nigerians and the marketers.
According to him, marketers would now have to access loan facilities to raise capital for their businesses if they wanted to stay in business.
By: Tonye Nria-Dappa
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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