Fuel consumers across Nigeria have raised concerns after petrol marketers reportedly increased pump prices back to ₦1,350 per litre, only days after a temporary reduction that followed a price adjustment at the depot level.
Petrol had recently dropped to about ₦1,250 per litre at several filling stations after the Dangote Refinery announced a ₦100 reduction in its ex-depot price, prompting marketers to briefly lower pump prices.
However, observations from different filling stations show that marketers have now returned the pump price to around ₦1,350 per litre, despite no widely announced increase in depot supply prices.
The sudden reversal has triggered frustration among motorists and commuters, who say the situation reflects the continued hardship Nigerians face due to unpredictable fuel pricing in the downstream petroleum sector.
Many consumers argue that raising the price again without a clear explanation undermines the relief expected from the earlier depot reduction. They also say the increase adds pressure on households already struggling with high transportation fares and the rising cost of living.
The development has renewed calls for regulators and industry stakeholders to ensure greater transparency and accountability in petrol pricing, particularly to ensure that reductions at the depot level translate into lasting relief for consumers at filling stations.
