Lagos fuel prices have surged to N930–N970 per litre, up from N865, causing public outcry. Oil marketers attribute the hike to increased landing costs. Commuters and businesses struggle as Abuja and Ogun also report rising prices. Nigerians demand government intervention amid the ongoing NNPC vs. Dangote Refinery price war.
Lagos residents are reeling from yet another hike in petrol prices as pump rates skyrocketed to between N930 and N970 per litre, up from the previous N865 per litre. The sudden increase, which took effect on Saturday evening, has sparked frustration and economic concerns across the country.
Fuel station attendants confirmed that earlier in the day, petrol was being sold at N865 per litre, but they later received instructions to adjust prices upward. This development aligns with recent disclosures from oil marketers, who reported an N88 per litre surge in the landing cost of imported petrol within just a week.
Investigations by Nairametrics reveal that an AP filling station in Lekki Phase 1 was dispensing petrol at N930 per litre, while other retail outlets in Lagos adjusted prices to between N930 and N935 per litre. Meanwhile, in Abuja and Magboro, Ogun State, petrol is selling at N960 to N970 per litre, marking a sharp increase in the first quarter of 2025.
This price surge comes amid an ongoing price war between the Nigerian National Petroleum Company (NNPC) Limited and Dangote Refinery, which had previously driven fuel prices down. However, the latest hike has left commuters, businesses, and households struggling to keep up with fuel costs.
On social media, Nigerians expressed outrage over the development. One user lamented, “Everything rises in this nation except salaries and minimum wage.” Another commented, “No rest for my people! Which kind of government be this?”
As public frustration mounts, all eyes are on the federal government and regulatory agencies for possible intervention in the worsening fuel crisis.
