• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Fuel Woes Trigger Gridlock Across Nigeria

Nigeria: Oil Marketers Hike Petrol Pump Price To N185 Per Litre

3 years ago
Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

Madagascar: President Rajoelina Gives Reasons For Fleeing Country Amid Heavy Protests

5 hours ago
Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

17 hours ago
Ghana Only West African Nation To Qualify For 2026 World Cup So Far

Ghana Only West African Nation To Qualify For 2026 World Cup So Far

17 hours ago
MWC Kigali
Xi Jinping Secures Unprecedented Third Term As China's President In Ceremonial Vote

China’s Xi Calls For Greater Inclusion Of Women In Governance

18 hours ago
Cop30: Scientists Warn World Is Crossing Critical Climate Thresholds

Cop30: Scientists Warn World Is Crossing Critical Climate Thresholds

19 hours ago
Tuesday, October 14, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Madagascar: President Rajoelina Flees After Losing Army’s Support

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Opposition Candidate, Bakary Takes Early Lead In Paul Biya’s Stronghold

    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Cameroon Votes In Presidential Election Sunday As 92-Year-Old Biya Seeks 8th Term

    Cameroon Votes In Presidential Election Sunday As 92-Year-Old Biya Seeks 8th Term

    S/Sudan: President Kiir Sacks Long-Serving Intelligence Chief

    South Sudan: President Kiir Sacks Newly Appointed Military Chief, Reinstates Predecessor

    Ecuador: Attackers Of President’s Convoy Arrested

    Ecuador: Attackers Of President’s Convoy Arrested

    JUST IN: President Tinubu’s Minister Steps Down Over Forgery Allegations

    JUST IN: President Tinubu’s Minister Steps Down Over Forgery Allegations

    Malawi: Mutharika Sworn-In After Political Comeback That Dislodged Incumbent

    Malawi: Mutharika Sets Up Partial Cabinet To Tackle Economic Crisis

    Japan: Ruling LDP Elects Takaichi As New Leader, Likely To Become First Female PM 

    Japan: Ruling LDP Elects Takaichi As New Leader, Likely To Become First Female PM 

  • Economy
    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

    In Response To Youth-Led Protests, King Of Morocco Urges Reforms To Create Jobs

    World Bank Urges Ethiopia To Fast-Track Telecom Reforms To Bridge Digital Divide

    World Bank Urges Ethiopia To Fast-Track Telecom Reforms To Bridge Digital Divide

    Kenya: 3,000 Jobs Lost As Govt Leases Foremost Textile Firm To Private Investor

    Kenya: 3,000 Jobs Lost As Govt Leases Foremost Textile Firm To Private Investor

    Picture of new Nigerian currency

    Nigeria: Naira Appreciates Against Dollar On Black Market

    WTO Raises 2025 Global Trade Growth Forecast To 2.4%

    WTO Raises 2025 Global Trade Growth Forecast To 2.4%

    DRC: Audit Reveals How Mining Firms Failed To Declare $16.8bn In Revenue

    DRC: Audit Reveals How Mining Firms Failed To Declare $16.8bn In Revenue

    Nigeria To Receive $500m AfDB Loan Before End Of 2025

    Nigeria To Receive $500m AfDB Loan Before End Of 2025

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Madagascar: President Rajoelina Flees After Losing Army’s Support

    Cameroon: Influential Minister Resigns, To Challenge President Biya At Polls

    Cameroon: Opposition Candidate, Bakary Takes Early Lead In Paul Biya’s Stronghold

    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

    Cameroon Votes In Presidential Election Sunday As 92-Year-Old Biya Seeks 8th Term

    Cameroon Votes In Presidential Election Sunday As 92-Year-Old Biya Seeks 8th Term

    S/Sudan: President Kiir Sacks Long-Serving Intelligence Chief

    South Sudan: President Kiir Sacks Newly Appointed Military Chief, Reinstates Predecessor

    Ecuador: Attackers Of President’s Convoy Arrested

    Ecuador: Attackers Of President’s Convoy Arrested

    JUST IN: President Tinubu’s Minister Steps Down Over Forgery Allegations

    JUST IN: President Tinubu’s Minister Steps Down Over Forgery Allegations

    Malawi: Mutharika Sworn-In After Political Comeback That Dislodged Incumbent

    Malawi: Mutharika Sets Up Partial Cabinet To Tackle Economic Crisis

    Japan: Ruling LDP Elects Takaichi As New Leader, Likely To Become First Female PM 

    Japan: Ruling LDP Elects Takaichi As New Leader, Likely To Become First Female PM 

  • Economy
    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

    AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

    In Response To Youth-Led Protests, King Of Morocco Urges Reforms To Create Jobs

    World Bank Urges Ethiopia To Fast-Track Telecom Reforms To Bridge Digital Divide

    World Bank Urges Ethiopia To Fast-Track Telecom Reforms To Bridge Digital Divide

    Kenya: 3,000 Jobs Lost As Govt Leases Foremost Textile Firm To Private Investor

    Kenya: 3,000 Jobs Lost As Govt Leases Foremost Textile Firm To Private Investor

    Picture of new Nigerian currency

    Nigeria: Naira Appreciates Against Dollar On Black Market

    WTO Raises 2025 Global Trade Growth Forecast To 2.4%

    WTO Raises 2025 Global Trade Growth Forecast To 2.4%

    DRC: Audit Reveals How Mining Firms Failed To Declare $16.8bn In Revenue

    DRC: Audit Reveals How Mining Firms Failed To Declare $16.8bn In Revenue

    Nigeria To Receive $500m AfDB Loan Before End Of 2025

    Nigeria To Receive $500m AfDB Loan Before End Of 2025

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria: Oil Marketers Hike Petrol Pump Price To N185 Per Litre

July 14, 2022
in Economy, Top Stories
0
Fuel Woes Trigger Gridlock Across Nigeria

File photo used to illustrate the story.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani 

Major petrol stations in Abuja and Kano have adjusted their pump price to N185 per litre in disregard to the Federal Government approved pump price of N165 per litre.

Relatedreading

Madagascar: President Rajoelina Gives Reasons For Fleeing Country Amid Heavy Protests

Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

The hike which came a day after Major Oil Marketers Association of Nigeria, MOMAN, said the N165 per litre price was no longer realistic, saw the disappearance of queues at filling stations around Abuja metropolis.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

Heritage Times (HT) gathered that while some stations still do not have petrol, some major stations that had the product, including AA Rano and Shafa, adjusted their price boards to N185/l for petrol or Premium Motor Spirit (PMS) while diesel or Automotive Gas Oil (AGO) sold for N850/l.

Local media Daily Trust reports that motorists are comfortable buying at the new rate without spending hours looking for petrol or joining long queues to get the product.

Speaking on the development, the Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, IPMAN, Chief Chinedu Ukadike said it was expected as marketers have to cover their cost of operation.

Ukadike explained that the marketers have been running at a loss these past months, pointing out that most stations closed down because of the rising costs.

Local Vanguard newspaper quoted him as saying: “Abinitio, we have also stated that there is no way marketers will buy products from private depots who are now selling at N170 and some at N167 depending on the area the tank farm is situated. These private tank farms owners have made it clear that they cannot sell at government approved price.

“Marketers cannot buy at N167-N170 and you expect them to sell at N165. This is why marketers have looked at the high cost of logistics because diesel is at N850 per litre now and to transport product from these wet areas to dry areas cost a lot of money.

“If you look at Abuja you will see that it does not have any depot that supplies petroleum products. All petroleum products in Abuja, Kano and other northern areas of the country are being taken from wet areas like Lagos, Calabar and others which have seaports.

“The products are all imported and Nigeria is heavily dependent on imports because the refineries are not working. So the private tank farms are now used to supply petroleum products to marketers. We are now left in their hands and whatever they sell to us, we will mark up our margins and sell to customers, the end users”, he added.

He explained that pump prices would vary from one filling station to another across the country because of where the product was sourced by the marketer.

“While those (marketers) in Calabar might buy at N170 or those in Port Harcourt at N162 or those in Lagos at N163 depending on how the tank farm owner got his product, if you include cost of logistics and the numerous taxes government have imposed on us, then the end result is what you are seeing”, he stated.

Tags: breakingHeritageheritage timesheritagetimesmedialatestnewsthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Kenya Moves To Stabilise Petrol Price With $140m Subsidy

Next Post

Ghana: Teachers Call Off Strike As Government Begins 15% Cost Of Living Allowance For Organised Labour

Related Posts

Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

Madagascar: President Rajoelina Gives Reasons For Fleeing Country Amid Heavy Protests

October 14, 2025
Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

October 13, 2025

Ghana Only West African Nation To Qualify For 2026 World Cup So Far

China’s Xi Calls For Greater Inclusion Of Women In Governance

Cop30: Scientists Warn World Is Crossing Critical Climate Thresholds

Madagascar: President Rajoelina Flees After Losing Army’s Support

Next Post
public holiday

Ghana: Teachers Call Off Strike As Government Begins 15% Cost Of Living Allowance For Organised Labour

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Madagascar: Presidency Raises Alarm Over Possible Coup As More Soldiers Back Protests

Madagascar: President Rajoelina Gives Reasons For Fleeing Country Amid Heavy Protests

October 14, 2025
Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

October 13, 2025
Ghana Only West African Nation To Qualify For 2026 World Cup So Far

Ghana Only West African Nation To Qualify For 2026 World Cup So Far

October 13, 2025
Xi Jinping Secures Unprecedented Third Term As China's President In Ceremonial Vote

China’s Xi Calls For Greater Inclusion Of Women In Governance

October 13, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Madagascar: President Rajoelina Gives Reasons For Fleeing Country Amid Heavy Protests

October 14, 2025

Kenya: Parliament Enacts Law To Regulate Cryptocurrencies

October 13, 2025

Ghana Only West African Nation To Qualify For 2026 World Cup So Far

October 13, 2025

China’s Xi Calls For Greater Inclusion Of Women In Governance

October 13, 2025

Cop30: Scientists Warn World Is Crossing Critical Climate Thresholds

October 13, 2025

Madagascar: President Rajoelina Flees After Losing Army’s Support

October 13, 2025

AfDB President Calls For Renewed Global Support Ahead Of ADF-17 Pledging Session

October 13, 2025

Cameroon: Opposition Candidate, Bakary Takes Early Lead In Paul Biya’s Stronghold

October 13, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In