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BREAKING: Petrol Prices Rise Across Nigeria as New Depot Figures Emerge
New data released by the Major Energies Marketers Association of Nigeria (MEMAN) shows updated changes in Premium Motor Spirit (PMS), commonly known as petrol, across depots in the country.
According to MEMAN’s latest bulletin, Nigeria’s estimated petrol import cost rose above N1,380 per litre at the beginning of April, up from about N971 per litre recorded at the end of March.
The report attributed the increase to rising global crude oil prices, noting that Brent crude traded around $108 per barrel, while West Texas Intermediate (WTI) hovered near $100. Nigeria’s Bonny Light crude also remained above the $100 per barrel mark, contributing to higher refined product costs globally.
MEMAN data showed that ex-depot petrol prices in Lagos opened April at N1,218.50 per litre, slightly fluctuating compared to the March 31 range of N1,215 to N1,300 per litre. In Warri, prices stood at about N1,250 per litre, also within a similar range recorded at the end of March.
In Calabar and Port Harcourt, petrol prices were reported between N1,235 and N1,335 per litre, largely consistent with previous levels of N1,235 to N1,300 per litre.
The association also highlighted import parity estimates, which rose significantly to between N1,700 and N2,300 per litre, compared to earlier March averages of about N971.50 per litre. Diesel (AGO) import parity increased from N1,437.31 per litre to N1,501.88 per litre, while Aviation Turbine Kerosene (ATK) rose from N1,536.86 per litre to N1,715.96 per litre…..See More
These figures include key cost components such as Platts benchmarks, freight charges, insurance, landing costs, and exchange rate fluctuations.
Snapshot of Ex-Depot Prices
Lagos PMS (Petrol): N1,218.50 – N1,300.00 per litre
Lagos AGO (Diesel): N1,780.00 – N1,955.00 per litre
Lagos CNG (Vehicles): N300.00 – N500.00 per scm
Warri PMS (Petrol): N1,250.00 – N1,300.00 per litre
Warri AGO (Diesel): N1,800.00 – N1,850.00 per litre
Calabar PMS (Petrol): N1,235.00 – N1,300.00 per litre
Port Harcourt PMS (Petrol): N1,235.00 – N1,300.00 per litre
Port Harcourt AGO (Diesel): N1,350.00 – N1,850.00 per litre
Latest
FULL LIST: FG Names 48 Individuals, Groups Allegedly Linked to Terrorism Financing
The Federal Government has unveiled a list containing 48 individuals and organisations accused of having links to terrorism financing in Nigeria, as part of renewed efforts to cut off funding to violent groups.
The名单, released on Saturday by the Nigeria Sanctions Committee, identifies persons and entities suspected of providing financial support for terrorism-related activities across the country.
According to the publication, some of those listed are believed to have connections with groups such as the Indigenous People of Biafra (IPOB) and the Islamic State West Africa Province (ISWAP).
The move is part of broader counter-terrorism strategies aimed at tracing and dismantling financial channels that sustain insurgency and related operations.
Nigeria has continued to grapple with terrorism as a significant security concern, with organisations like Boko Haram and ISWAP responsible for repeated attacks targeting civilians, security personnel, and key infrastructure over the years.





Latest
Video: I Will Not Take That – Channels Anchor Pushes Back at Ex-ADC Chair Over Allegation on Live TV
A live television exchange turned tense as former chairman of the African Democratic Congress (ADC), Ralph Nwosu, and Kayode OkikiOlu, a news anchor with Channels Television, clashed during an interview.
The disagreement began when OkikiOlu asked Nwosu to identify individuals who allegedly offered him three ministerial slots to prevent the ADC coalition from materialising.
Nwosu had previously claimed that certain persons approached him with such an offer to stop the party from aligning with a coalition. However, when pressed to name those involved, he declined to provide details.
Instead, the former party chairman accused the anchor of being influenced to ask the question, alleging that OkikiOlu had received a text message prompting him to raise the issue.
The claim drew an immediate response from the journalist, who firmly denied the allegation and challenged Nwosu to provide evidence.
“That is not true, you do not have evidence. I can show you my phone; nobody sent me a text message, and it is unfair for you to say that on national television without proof. I will not take that,” OkikiOlu said.
A co-host later intervened, calling on Nwosu to apologise for the remark. The former ADC chairman subsequently issued an apology.
The exchange has since attracted attention, highlighting tensions surrounding claims linked to the ADC coalition discussions.
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Bandits Kill Five, Abduct 22 in Midnight Attacks on Sokoto Communities
At least five people have been killed and 22 others abducted following coordinated overnight attacks by suspected bandits in Sabon Birni Local Government Area of Sokoto State.
Residents who spoke anonymously said the assaults occurred between late Tuesday night and the early hours of Wednesday, targeting Sabon Birni town, Dan Aduwa, and Kwaren Gamba.
In Sabon Birni town, gunmen reportedly entered through the Sabon Hegi area on the outskirts, approaching from the western side near a cemetery. Witnesses said the attackers fired indiscriminately, triggering panic as residents fled for safety.
Two victims, identified as Abbas Sani and Bala Mai Laya Moriki, were killed, while eight others were taken away. Among those abducted was a visually impaired man, according to a resident.
Sources also revealed that one of those killed and five of the abducted victims had travelled from Moriki in Zamfara State for fish trading. Five injured persons are currently receiving treatment at a general hospital in Sabon Birni.
In Dan Aduwa village, the attackers struck around midnight, abducting three individuals, including two bridesmaids and a man. A resident linked the incident to gunfire during a wedding celebration earlier that night.
“Shortly after some youths fired locally made guns at a wedding, the bandits invaded and took three people,” the source said. The abducted victims were identified as Sabiu Saidu, Balira Halliru, and Maryam Mansur. No fatalities were recorded in the village.
Meanwhile, in Kwaren Gamba, the assailants reportedly arrived on motorcycles around 11:05 p.m., killing three people and abducting 11 others, including six men and five women.
The deceased were identified as Malam Yakubu, his son Kabir Yakubu, and another resident simply identified as Yakubu. Residents said security operatives later responded, preventing further casualties.
A member of the Sokoto State House of Assembly, Aminu Boza, confirmed the incidents but did not provide casualty figures.
As of the time of filing this report, the Sokoto State Police Command said it was still gathering details, with spokesperson Ahmad Rufai noting that he had yet to receive a full briefing from the Divisional Police Officer in Sabon Birni.
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