News
Marketers blame depots as petrol nears N1,000/litre
Marketers said supply constraints and production glitches at the Dangote Petroleum Refinery sparked fresh pressure in the downstream oil market.
The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, confirmed the development in a telephone interview on Tuesday.
According to him, members of the Depot and Petroleum Products Marketers Association of Nigeria are concluding arrangements to begin petrol importation as part of efforts to stabilise retail prices.
He stated that petrol prices would soon drop as competition returns to the market, if additional competition is brought into the sector.
“Yes, petrol price is still going to come down because I also know that some marketers, especially DAPPMAN members, have applied and they are going to import petrol products.
“Peradventure, their prices are cheaper than Dangote’s, we would have no choice but to patronise them. The essence of this market is that where it is cheaper, we will buy. But prices will come down once there is a struggle for the market,” Ukadike said.
Petrol prices rose from about N865 to around N950 per litre on Monday.
Checks on Tuesday showed that the pump price of Premium Motor Spirit, popularly called petrol, now sells between N920 and N955 per litre in many retail outlets, while some stations in Abuja, Sokoto and Lagos charge as high as N1,000 per litre, depending on location and brand.
This comes at a time when Nigerians were expecting petrol prices to drop to N841/litre as recommended by the Dangote refinery.
Our correspondent recalls that when the Dangote refinery launched its logistics-free fuel distribution scheme on September 15, it stated that its partners and filling stations benefitting from the scheme would drop petrol prices to N841 in the South West and N851 in Abuja, Edo, Kwara, Rivers and Delta.
But when this had yet to take effect in filling stations, prices surged above N900 in Lagos, Ogun Abuja and others.
In the Federal Capital Territory, a market survey by one of our correspondents revealed that petrol sold for N955 per litre at NNPC outlets in Gwarinpa and Lugbe, while prices climbed to N928 per litre at NNPC stations in Lagos.
In parts of Edo, Rivers, Oyo and Gombe states, motorists purchased the product at prices ranging from N900 to N1,000 per litre, amid reports of long queues and panic buying.
The latest spike has raised concerns among motorists and consumers already grappling with high transportation and food costs, threatening to further fuel inflationary pressures across the country.
Reacting, the Independent Petroleum Marketers Association of Nigeria has blamed depot owners for the sudden surge in petrol prices.
IPMAN President, Abubakar Shettima, said that depot owners increased their prices when they discovered that the Dangote refinery had stopped fuel loading for some days.
Our correspondent reports that depots hiked their prices on Monday from an average of N830 to about N890.
According to Petroleumprice.com, depots like Matrix, Fynefield and Liquid Bulk sold petrol at N900 as of Tuesday. Northwest offered N895; Pinnacle, N885; RainOil, N890; NIPCO, N850; Aiteo, N878; and Sigmund, N890.
Following this, filling stations adjusted their pump prices to reflect the new pricing regime.
The Nigerian National Petroleum Company Limited retail outlets sold premium motor spirit at N928 in Ogun and Lagos, an increase of about N50 from the previous N870.
The adjustment also marks a reversal of the price reduction introduced in August, when NNPC lowered petrol prices to N865 per litre in Lagos and N890 per litre in Abuja.
Speaking with our correspondent, the NNPC spokesperson, Andy Odeh, said the NNPC adjusted its pump prices like every other retail outlet because the depots increased their gantry rates.
“The ex-depot prices have gone up. You know all the filling stations are retailers. So, when the price goes up ex-depot, there will be an adjustment by the retailers. That’s what has happened and it’s across all the retailers,” the NNPC spokesperson said.
In Ogun and Lagos, filling stations sold petrol at prices ranging from N900 and N950 on Tuesday. Dangote’s partner, MRS, also sold the product at N925 in Ogun.
Our correspondent gathered that the Dangote refinery stopped selling petrol to marketers recently, causing a tightness in supply.
The Dangote refinery has yet to respond to questions seeking further clarification about the development.
However, sources said this might be due to ongoing maintenance or the challenges posed by the mass sacking of engineers at the facility.
In an interview with our correspondent, the President of IPMAN, Shettima said members of the Depot and Petroleum Products Marketers Association of Nigeria hiked fuel prices following the no-loading situation at the 650,000-capacity refinery.
“You may see their trucks on the road, but the trucks are not enough; marketers still have to support by going there to load. And immediately these DAPPMAN people saw that Dangote was not loading, they increased their ex-depot prices. That’s just what is happening. But I know these things are temporary, very soon they will wipe away,” Shettima said.
Speaking on the development, the IPMAN National Publicity Secretary, Chinedu Ukadike, attributed the price increase to temporary supply glitches at the Dangote Refinery and sharp practices by some private depot owners.
Ukadike explained that the refinery had recently slowed loading operations due to internal reorganisation and labour-related disruptions, causing limited distribution to private marketers.
“There is a reorganisation going on, and the issue of the NUPENG strike caused a little glitch in terms of supply and refining of petroleum products, because of the workers’ strike.
“And what we are trying to do now is to manage the situation. Now Dangote has also increased its pump price, while NNPCL has increased its price. This just shows that it is a reflective market whereby when the suppliers increase prices, the retailers have no choice but to increase them, just to make a little profit. So that is the current situation. It is only when we tie our importation of crude products or refined products to the price of the dollar that we can have issues, but that is no longer the case. The issue of exchange doesn’t arise. The factors of production are the issues now,” Ukadike said.
He added that depot owners were taking advantage of the limited supply situation to hike ex-depot prices, further worsening the pump price burden on consumers.
Major Energies Marketers Association of Nigeria further confirmed in its daily bulletin, posted on its official X handle, that the refinery had suspended gantry loading for most private marketers since last Thursday, restricting sales to its own and MRS trucks, thereby creating a shortage at independent outlets.
The Chief Executive Officer of PetroleumPrice.ng, Jeremiah Olatide, has blamed the fresh wave of petrol scarcity and price hikes on operational disruptions at the Dangote Refinery, which he said has suspended gantry sales to private depot owners since last week.
Olatide said the refinery is currently prioritising loading for its own last-mile delivery trucks and those of its affiliate, MRS, while marketers who obtained Product Finance Instruments have been unable to lift fuel for several days.
“No, things haven’t improved. The current situation, as I speak to you, is that the refinery is only loading their own trucks, last-mile delivery trucks, and they have suspended gantry sales since last Thursday,” he said. Those who have PFI are yet to load. I think they have low stock, so they are trying to manage it.”
According to him, the production hiccup was compounded by crude supply shortages and the recent layoff of about 800 refinery workers, which has further strained the facility’s operations.
“Basically, they are having issues with crude, and the 800 staff that were laid off is also a challenge to them. All these have contributed to the supply glitch we’ve experienced in the last week,” Olatide explained.
He likened the unfolding situation to the earlier gas supply crisis, warning that the refinery’s reduced output was already distorting the downstream market. “Clearly, there is a supply problem with PMS distribution, just like the gas problem started,” he added.
Olatide revealed that petrol prices at private depots had surged in response to the supply shortfall, as marketers scramble for limited volumes. “Depot marketers were not allowed to load products today at the refinery. It was only for MRS trucks and their personal trucks. Anyone applying through its trucks will get products now, but not private marketers’ trucks,” he said.
He further disclosed that private depots, previously buying at N820 per litre from the refinery, have halted sales and are considering fresh price increases.
“No doubt, there is a supply glitch. It’s not affecting MRS, but private depot operators have stopped sales and want to raise prices again,” Olatide said.
By Chinedu Sabastine
The Nigeria Union of Journalists (NUJ), Enugu State Council, South-East, will on November 5, 2026 induct renowned businessman, Engr. Arthur Eze, into its Hall of Fame during its annual Press Week celebration in Enugu.
The union will also honour the Minister of Works, Senator David Umahi, with the Pillar of the South-East Bridge Builder Award in recognition of his contributions to the region.
The event, scheduled to hold at the International Conference Centre (ICC), Enugu, is expected to attract more than 500 journalists and media executives, government officials, business leaders, traditional rulers, political stakeholders and other distinguished personalities.
The annual Press Week provides a platform for stakeholders to deliberate on issues affecting the media, governance and society.
Engr. Eze was the first person to renovate the NUJ Secretariat at No 4, Rangers Avenue Independence Layout, Enugu to ensure that media practitioners are being safe in a good environment.
He has contributed to the development of media practitioners, individual, institutions, churches and families across the Nation, his human capital development is massive.
Your nomination is a recognition of the remarkable legacy you have built over the years through your outstanding contributions to human empowerment, media practitioner empowerment, philanthropy, enterprise development, mentorship, capacity building, community advancement and the creation of opportunities for individuals and communities to prosper.
Your life and accomplishments stand as a compelling testimony to the power of vision, resilience, enterprise and service. Through your initiatives and interventions, you have demonstrated an uncommon commitment to lifting people, strengthening communities and opening pathways of opportunity for generations.
At a time when societies require individuals with the courage and capacity to transform dreams into possibilities, your remarkable journey continues to distinguish you as an outstanding builder of people, creator of opportunities and philanthropist of enduring impact.
The NUJ Enugu State Council considers this recognition particularly significant because your contributions go beyond material philanthropy. They represent a profound philosophy of investing in humanity, empowering the less privileged, nurturing enterprise, supporting communities and creating platforms through which individuals can achieve their potential.
This year’s press week celebration is expected to bring together key figures from different sectors to celebrate outstanding contributions and promote dialogue on the role of the media in society.
A Federal High Court sitting in Enugu has dismissed a suit challenging the candidacy of Hon. Barr. Sir OAU Onyema as the African Democratic Congress (ADC) candidate for Enugu West Senatorial District in the 2027 National Assembly election.
The suit, marked No. FHC/SKC/EN/CS/218/2026, was instituted by Evangelist Mrs Juliet Ani against the Independent National Electoral Commission (INEC), the ADC and Onyema, with the plaintiff laying claim to the party’s senatorial ticket.
However, the court, presided over by Justice Ogubanjo, reportedly dismissed the suit on Thursday, October 30, 2026, bringing to an end the legal challenge to Onyema’s emergence as the party’s candidate.
Sources familiar with the dispute said the plaintiff had indicated an intention to discontinue the case after the ADC national secretariat reaffirmed Onyema’s candidacy. However, proceedings reportedly continued before the court eventually dismissed the suit.
Speaking with journalists shortly after the court proceedings at his chambers, Akpagu Chambers, Presidential Road, Enugu, Onyema described the legal challenge as a temporary distraction that had slowed down his campaign activities but insisted that it would not derail his senatorial ambition.
He expressed confidence that his political experience, longstanding relationships and record of service across Enugu West would give him the needed advantage in the election.
“We are moving into the field for campaigns. Sir OAU Onyema has networked his person into families across Enugu West Senatorial District.
“The network I have built will sell. I have served as Secretary of Ohanaeze Ndigbo in Enugu State, Deputy Chairman and Vice President-General of Ohanaeze Ndigbo Worldwide. I have also served under three successive administrations in Enugu State.
“I will rely on my records of service, relationships and what I have done for the people to win this election,” he said.
Onyema further declared that, with the legal distraction now over, he would intensify his participation in the ADC’s statewide campaigns, working to promote not only his senatorial ambition but also other candidates of the party.
He said his immediate priority was to reconnect with the grassroots, consolidate existing political structures and take the ADC’s message to communities across the district.
Also speaking, the Enugu State Chairman of ADC, Major General Chris Ezeh (retd.), reaffirmed that Onyema emerged as the party’s candidate through a substituted primary election.
Ezeh alleged that external forces had attempted to frustrate the party’s decision but expressed satisfaction that the legal challenge had finally been resolved.
He described Onyema as a major political asset to the ADC in Enugu State, noting that his longstanding involvement in the party and experience in public service would strengthen its electoral fortunes.
The party chairman also identified Onyema as one of the founding members of ADC in Enugu State and said his emergence as the Enugu West senatorial candidate was a significant development for the party.
Checks by TCM further indicated that Onyema’s political ambition has consistently centred on representing Enugu West in the Senate, having reportedly never sought election to any other political office since venturing into partisan politics.
With the legal challenge dismissed, Onyema is expected to intensify his grassroots mobilisation and join other ADC leaders in building support for the party ahead of the 2027 general election.
The Police Service Commission (PSC) has approved the promotion of thousands of senior police officers, including two Deputy Inspectors-General of Police (DIGs), 10 Assistant Inspectors-General of Police (AIGs) and 17 Commissioners of Police (CPs).
The promotions followed the successful completion of promotion examinations and oral interviews conducted by the commission.
According to a statement issued on Thursday, the approvals were granted during the commission’s plenary meeting in Abuja, presided over by its Chairman, retired DIG Hashimu Salihu Argungu.
The two officers elevated to the rank of Deputy Inspector-General of Police are Olaolu Adegbite, Head of the INTERPOL National Central Bureau, Abuja, and Dankombo F. Morris, who heads Zone 4 Headquarters, Makurdi.
Adegbite holds a Bachelor of Arts degree in Russian Language from the University of Lagos and a Master’s degree in Philology from the Pushkin Institute, Moscow.
A recipient of the national honour of Member of the Order of the Federal Republic (MFR), he is also a member of the FBI National Academy Associates and an alumnus of Harvard Kennedy School. He previously served as Director of Operations at the Economic and Financial Crimes Commission (EFCC).
Morris, an indigene of Gombe State, holds a degree in History from the University of Maiduguri and a Diploma in Police Science. He previously served as Commissioner of Police in Adamawa State.
The 10 officers promoted from Commissioner of Police to Assistant Inspector-General are Omosanyin Olusegun, Ogbodo Ugobueze, Ohagwu Felix Ndukwe, Taylor Lennox Olanrewaju, Regina Cosmas Udoette, Afolabi Wilfred Olutokunbo, Nwogoh Martin, Shetima Jauro Mohammed, Ibrahim D. Gotan and Danjuma I. Yahaya.
The commission also approved the elevation of 17 Deputy Commissioners of Police to the rank of Commissioner of Police.
They include Nache Bashir Liman, Sirajo Lawal Salihu, Ayeleye Adegboyega, Isiaka O. Salau, Usman Shaik Adamu, Aminu Maiwada Garba, Abdulkarim Musa Waziri, Muhammad Yusuf Adamu, Sani Adamu Nufawa, Bello M. Adamu, Okezie Chikezie, Aminu Usman Gusau, Abiodun Onuoha, Salisu Bello Fago, Adegoke A. Alani, Wuwa Auwal Muhammad and Benedict U. Agbo.
In another round of promotions, 85 Assistant Commissioners of Police were elevated to Deputy Commissioners of Police.
Among the beneficiaries are Dr Ruth Oyinmearelu Okunbo, Medical Director of MD Abubakar Police Hospital, Deidei, and ASR Police Reference Hospital, Utako, Abuja; Isah Adejoh of the Police Staff College, Jos; and Mannir Yusuf Gafai of the Kano State Command.
Similarly, 49 Chief Superintendents of Police were promoted to Assistant Commissioners of Police, while 245 Superintendents of Police advanced to Chief Superintendents.
Notable among those elevated to CSP are Josephine Adeh, Police Public Relations Officer of the Federal Capital Territory Command, and Suleiman Yahaya Nguroje, spokesperson of the Adamawa State Police Command.
Other beneficiaries include Abah James of Rivers State Command, Okere Romanus of Isiowulu Division in Anambra State, Ugochukwu Ozoude Alex of Zone 9, Umuahia, Vincent Elekwa of Rivers State Command, Umar Sani of FCT Command and Mustapha Mohammed.
The PSC further approved the promotion of 498 Deputy Superintendents of Police to Superintendents of Police, including Isa Osu of the Border Patrol Force Headquarters, Abuja; Samaila Amadu Bangajiya of the 12 Police Mobile Force Squadron, Minna; and Akadu Godwin of the Tactical Intelligence Unit, Force Headquarters.
Another 3,218 Assistant Superintendents of Police were elevated to Deputy Superintendents.
Among them are Frank Okafor, former Chief Security Officer of Jaiz Bank and Intelligence Coordinator at Government House, Uyo; Samson Sule, Chief Security Officer to the Executive Secretary of the Nigeria Police Trust Fund; Ibrahim Abuh of Force Headquarters; Dauda Yusuf Olatunji; Sarauta Mohammed Mohammed; and Yusuf Mukarram Ado of the Airport Police Command, Ikeja.
Congratulating the newly promoted officers, Argungu charged them to see their elevation as a call to greater responsibility, professionalism and dedication to duty.
He urged them to redouble their commitment to protecting lives and property, maintaining public order and enforcing the law.
The PSC chairman stressed that Nigerians expected improved performance, discipline and accountability from officers entrusted with higher responsibilities.
The Nigeria Security and Civil Defence Corps (NSCDC) has suspended Deputy Superintendent of Corps (DSC) Onoja Babayo Samuel over his alleged involvement in a shooting incident at Kubwa Market, Abuja, on October 25, 2026.
The Corps has also ordered an Orderly Room Trial and referred the officer to its disciplinary committee to determine his level of culpability.
In a statement issued on Thursday by its National Public Relations Officer, Babawale Afolabi, the NSCDC disclosed that Samuel was arrested by the Federal Capital Territory (FCT) Police Command after allegedly firing gunshots into the air during a confrontation with traders at the market.
The Corps described the alleged conduct as a gross violation of its rules of engagement and Standard Operating Procedures (SOP), particularly those regulating the use of firearms.
Consequently, the Commandant General of the NSCDC, Prof. Ahmed Abubakar Audi, directed the officer’s immediate suspension pending the conclusion of investigations and disciplinary proceedings.
Following the directive, Samuel has been relieved of all official duties and stripped of his responsibilities until the disciplinary process is concluded.
According to the statement, the disciplinary committee at the Corps’ National Headquarters in Abuja will examine the circumstances surrounding the incident alongside the Orderly Room Trial.
The NSCDC assured the public that the outcome of the proceedings would be made known upon conclusion.
Reaffirming his administration’s zero tolerance for professional misconduct and the misuse of firearms, Audi warned that no officer found culpable of violating operational guidelines would be shielded from appropriate sanctions.
He reiterated the Corps’ commitment to protecting lives, maintaining professionalism and ensuring public safety, stressing that personnel must conduct themselves within established operational procedures at all times.
News
C’Riiver Speaker Ayambem Opens 2027 Budget Retreat, Pledges Thorough Scrutiny of Appropriation Bill
The Speaker of the Cross River State House of Assembly, Rt. Hon. Elvert Ayambem, has opened the 2027 Budget Retreat in Obudu, pledging a thorough legislative review of the proposed budget to ensure prudent resource allocation and effective service delivery.
The retreat, themed “Consolidation and Renewed Hope,” is being held at Centurion Hotel, Obudu.
Ayambem said the retreat would enable lawmakers to critically examine the 2027 Appropriation Bill, assess government spending priorities and ensure that proposed expenditures reflect the needs and aspirations of the people.
He identified agriculture, healthcare, education, infrastructure and human capital development as key sectors requiring adequate attention in the budget.
The Speaker reaffirmed the Assembly’s commitment to a comprehensive and timely review of the budget estimates, emphasising the need for fiscal responsibility, transparency and accountability in the management of public funds.
He commended Governor Bassey Otu for maintaining a constructive relationship between the executive and legislative arms of government, noting that cooperation between both institutions was essential for effective governance.
Ayambem described the annual budget retreat, sustained by the 10th Assembly for four consecutive years, as evidence of the legislature’s commitment to strengthening budgetary oversight and improving its engagement with the state’s fiscal plans.
He expressed optimism that the deliberations would produce a responsive and people-centred budget that advances the gains of Governor Otu’s People First Administration, promotes sustainable development and translates government policies into tangible improvements in the lives of Cross River residents.
Matthew Okache
Chief Press Secretary to the Speaker
October 28, 2026
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