Government Refineries' Revival Aims to Lower Fuel Prices
The resuscitation of moribund government refineries is anticipated to aid in addressing the increasing costs of petroleum products in Nigeria. As of September 2026, petrol prices vary among marketers, with Ardova petrol station in Falomo, Lagos, selling petrol for N1,890 per liter and diesel for N1,920 per liter.
Other prices include N1,395 for petrol and N1,810 for diesel at MRS, Conoil, and along Ikorodu road. The NNPCL station at Obalende offers petrol at N1,385 per liter, while Techoil at Yaba sells petrol for N1,400 and N1,890.
These price discrepancies highlight the ongoing challenges in the petroleum market.
Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.
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