[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f1wz9s7u3biujb":3,"$f1haha5ahsyuls":45,"$f9gu6o9jcsxdi":90,"$f3e3jbbcdn2vfp":1799,"$f3g2vfgazl5es6":1884,"$f5btqexddoxme":1935},{"status_code":4,"message":5,"data":6},200,"List of Posts retrieve successfully",{"id":7,"createdAt":8,"updatedAt":9,"title":10,"excerpt":11,"content":12,"slug":13,"topic":14,"tags":19,"image":32,"author":33,"feed":34,"views":41,"type":42,"readTime":43,"externalSourceUrl":44},"087096e0-612f-4654-b0c8-b82216884bc6","2026-10-10T18:30:00.371Z","2026-10-10T19:12:53.000Z","Arise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO]","​Arise News Television presenter Rufai Oseni has explained why he considers the Federal Government’s recent petrol price discount a reintroduction of fuel subsidy. DAILY POST reports that the Federal Government, on October 8, announced a 30-day petrol price discount at Nigerian National Petroleum Company Limited (NNPCL) filling stations nationwide. The move has attracted criticism from […]\nArise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO]","\u003Cimg width=\"1242\" height=\"797\" src=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni.jpeg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni.jpeg 1242w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni-300x193.jpeg 300w, https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni-1024x657.jpeg 1024w\" sizes=\"auto, (max-width: 1242px) 100vw, 1242px\" \u002F>\n\u003Cp>​Arise News Television presenter Rufai Oseni has explained why he considers the Federal Government’s recent petrol price discount a reintroduction of fuel subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>DAILY POST reports that the Federal Government, on October 8, announced a 30-day petrol price discount at Nigerian National Petroleum Company Limited (NNPCL) filling stations nationwide.\u003C\u002Fp>\n\n\n\n\u003Cp>The move has attracted criticism from opposition figures, who accused the President Bola Tinubu-led administration of subtly reintroducing the fuel subsidy removed on May 27, 2023.\u003C\u002Fp>\n\n\n\n\u003Cp>In a video clip posted on his official X handle on Saturday, Oseni argued that foregoing profits on a product for a specific purpose amounts to a form of subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>He said, “I’ve been seeing a lot of ignorance being spread. Don’t let them deceive you. What the government did was a return of fuel subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>“With their lies of NNPC discount, it is still a subsidy. Whenever you forfeit your profit, you have subsidised the product as an incentive. Somebody made a video to say that N60 cannot be a subsidy. Even if it is N10, as long as it is a forfeit of your profit, it’s a form of subsidy.\u003C\u002Fp>\n\n\n\n\u003Cp>“You can put subsidies in many ways to gain market advantage. If you are producing something, you can decide to subsidise the price to be able to get market advantage.\u003C\u002Fp>\n\n\n\n\u003Cp>“Secondly, there was another production subsidy that was announced or proposed in that press conference, where they talked about the proposal to sell the cap price of crude oil to refiners for a certain period of time.”\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Ca href=\"https:\u002F\u002Ftwitter.com\u002Fruffydfire\u002Fstatus\u002F2108957581662474747\">Watch video \u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003Ca href=\"https:\u002F\u002Fdailypost.ng\u002F2026\u002F10\u002F10\u002Farise-tvs-rufai-oseni-explains-why-tinubus-petrol-discount-is-fue-subsidy-video\u002F\">Arise TV’s Rufai Oseni explains why Tinubu’s petrol discount is fue subsidy [VIDEO] \u003C\u002Fa>\u003C\u002Fp>\n","arise-tvs-rufai-oseni-explains-why-tinubus-petrol-discount-is-fue-subsidy-video",{"id":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},"5d66d3d9-40ee-493e-9aef-f101a26d4b74","2026-06-23T09:40:58.464Z","PMS","pms",[20,21,22,23,24,25,26,27,28,29,30,31],"arise","tvs","rufai","oseni","explains","why","tinubus","petrol","discount","fue","subsidy","video","https:\u002F\u002Fdailypost.ng\u002Fwp-content\u002Fuploads\u002F2022\u002F08\u002FRufai-Oseni.jpeg",null,{"id":35,"createdAt":36,"updatedAt":37,"name":38,"image":39,"slug":40},"87678139-216f-4786-b9b2-a4e8155e5649","2026-03-25T11:55:31.204Z","2026-08-13T13:05:10.144Z","Daily 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Crime","cyber-crime",[],{"status_code":4,"message":33,"data":1800},[1801,1807,1834,1859],{"id":7,"createdAt":8,"updatedAt":1802,"title":10,"excerpt":11,"content":12,"slug":13,"topic":1803,"tags":1804,"image":32,"author":33,"feed":1805,"views":1806,"type":42,"readTime":43,"externalSourceUrl":44},"2026-10-10T20:16:37.000Z",{"id":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[20,21,22,23,24,25,26,27,28,29,30,31],{"id":35,"createdAt":36,"updatedAt":37,"name":38,"image":39,"slug":40},11,{"id":1808,"createdAt":1809,"updatedAt":1810,"title":1811,"excerpt":1812,"content":1813,"slug":1814,"topic":1815,"tags":1816,"image":1824,"author":33,"feed":1825,"views":1832,"type":42,"readTime":1832,"externalSourceUrl":1833},"270be22d-1c90-42b6-967e-59175707031f","2026-10-10T00:30:00.572Z","2026-10-10T08:17:11.000Z","Tinubu’s 30-Day Petrol Relief: Nigerians Deserve Solutions, Not Political Distortions","Gloria Fraser The National Patriots Movement of Nigeria has examined the October 8, 2026, statement issued by the Atiku Media Office concerning President Bola Ahmed Tinubu’s proposed 30-day petrol discount.","\u003Cdiv style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" >\u003C\u002Fdiv>\n\u003Cp>\u003Cstrong>Gloria Fraser\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>The National Patriots Movement of Nigeria has examined the October 8, 2026, statement issued by the Atiku Media Office concerning President Bola Ahmed Tinubu’s proposed 30-day petrol discount. While constructive opposition remains indispensable to democracy, public debate must be anchored in economic facts, institutional realities and the genuine welfare of Nigerians rather than political interpretations designed to discredit every government intervention.\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku Abubakar’s suggestion that the temporary discount represents a restoration of petrol subsidy is misleading. It confuses two different economic instruments: a government-funded subsidy and a commercial decision by a petroleum retailer to forgo its profit margin. That distinction is neither semantic nor trivial. It goes to the heart of Nigeria’s petroleum reforms.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Commercial Discount Not Restoration of Petrol Subsidy\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>The Nigerian National Petroleum Company Limited has announced that its retail subsidiary will temporarily forgo its petrol retail profit margin, allowing consumers to purchase fuel at cost for an initial 30-day period, with priority given to commercial transport operators.\u003C\u002Fp>\n\n\n\n\u003Cp>Under the former subsidy regime, government resources absorbed the difference between the economic cost of petrol and the regulated selling price. Under the newly announced retail arrangement, NNPC proposes to surrender its commercial margin without receiving government reimbursement for the discount. One is a fiscal subsidy. The other is a reduction in commercial earnings.\u003C\u002Fp>\n\n\n\n\u003Cp>A supermarket offering temporary discounts does not thereby establish a national food subsidy. Neither does a petroleum retailer automatically restore fuel subsidies by reducing its profit margin.\u003C\u002Fp>\n\n\n\n\u003Cp>Nevertheless, NNPC should publish the financial details, including confirmation that no hidden reimbursement, below-cost sale or public financing arrangement is involved. Transparency will strengthen the government’s position far more effectively than political exchanges.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>The United States is Also Providing Temporary Fuel Relief\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku’s statement overlooks an important international reality: governments across the world are responding to exceptional energy-price pressures through temporary measures.\u003C\u002Fp>\n\n\n\n\u003Cp>On October 5, 2026, the United States introduced temporary relief permitting wider on-road use of red-dyed diesel while deferring federal excise-tax payments without penalties through the end of 2026. The intervention followed American diesel prices reaching approximately $6.50 per gallon.\u003C\u002Fp>\n\n\n\n\u003Cp>The American arrangement is a tax-related intervention, whereas Nigeria’s announced NNPC discount concerns a retailer’s profit margin. They are not identical policies. However, both illustrate a recognised principle of economic management: temporary relief can accompany longer-term market reforms without necessarily abandoning those reforms.\u003C\u002Fp>\n\n\n\n\u003Cp>If the United States can respond pragmatically to extraordinary fuel-price pressures, why should Nigeria be accused of economic inconsistency for exploring temporary relief? Economic flexibility is not policy failure. It is often a necessary feature of responsible governance.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Beyond 30 Days: Relief Must Continue While Transport Alternatives Expand\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>The initial 30-day petrol discount should be regarded as the beginning of a carefully sequenced relief strategy, not the conclusion of government’s responsibility to cushion Nigerians against high transportation costs.\u003C\u002Fp>\n\n\n\n\u003Cp>The National Patriots therefore recommend that the federal government and NNPC review the intervention before its expiration and consider extending the discount, or introducing comparable relief measures, until CNG-powered vehicles, electric mobility and affordable mass-transit services become more widely accessible.\u003C\u002Fp>\n\n\n\n\u003Cp>Such an extension must remain financially sustainable, transparent and subject to periodic review. Priority should be given to commercial transport operators, whose operating costs directly affect commuters, food distribution and household expenditure.\u003C\u002Fp>\n\n\n\n\u003Cp>President Tinubu’s administration has an opportunity to demonstrate that economic reform and social protection are complementary responsibilities. Nigerians should not be left without practical relief while longer-term transportation alternatives are still being developed.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Atiku’s Production-Based Subsidy: Attractive Language, Difficult Economics\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku proposes what he describes as a transparent, production-based subsidy involving preferential crude-pricing arrangements for domestic refiners. The proposal deserves examination, but it is not the straightforward solution his statement suggests.\u003C\u002Fp>\n\n\n\n\u003Cp>Nigeria’s crude oil has an international market value. Supplying domestic refiners below that value creates an economic cost, even when the Treasury makes no direct cash payment. The difference represents revenue forgone by the crude supplier, which may ultimately affect government earnings, public investment or other national priorities. That is an implicit subsidy. Furthermore, cheaper crude does not automatically guarantee cheaper petrol.\u003C\u002Fp>\n\n\n\n\u003Cp>Refiners incur financing, maintenance, processing, transportation and distribution costs. Without enforceable pass-through arrangements, part of the benefit could remain with intermediaries rather than reach consumers. A preferential crude-pricing system would also require credible answers concerning allocation, eligibility, auditing, pricing formulas, duration and the prevention of arbitrage.\u003C\u002Fp>\n\n\n\n\u003Cp>Who qualifies for cheaper crude? At what discount? Who absorbs the revenue loss? How are the benefits transferred to motorists? What prevents diversion or preferential treatment? These are fundamental questions of public finance and market governance.\u003C\u002Fp>\n\n\n\n\u003Cp>Domestic refining deserves support through reliable crude supply, infrastructure, regulatory certainty and competitive market conditions. But subsidising refinery inputs through discounted national resources is not necessarily the most efficient or equitable method.\u003C\u002Fp>\n\n\n\n\u003Cp>Forward crude sales, meanwhile, are financing and supply arrangements whose economic effects depend on their contractual terms. They cannot automatically be equated with discounted crude or government-funded petrol subsidies.\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku’s proposal is therefore not inherently impossible, but it remains insufficiently developed to establish that it would deliver nationwide affordability without substantial fiscal or market risks.\u003C\u002Fp>\n\n\n\n\u003Cp>The 900-Outlet Argument Misses the Purpose of Targeted Relief\u003C\u002Fp>\n\n\n\n\u003Cp>The Atiku Media Office questions whether NNPC’s retail network can provide nationwide benefits, citing more than 900 outlets and an alleged 52 per cent petrol-availability figure.\u003C\u002Fp>\n\n\n\n\u003Cp>Distribution and availability are legitimate concerns. However, a limited network does not automatically invalidate a targeted intervention.\u003C\u002Fp>\n\n\n\n\u003Cp>The government has identified commercial transport operators as priority beneficiaries. This matters because transport costs affect commuters, traders, workers and the movement of agricultural produce.\u003C\u002Fp>\n\n\n\n\u003Cp>If implemented effectively, relief directed towards transport operators could extend benefits beyond the motorists purchasing petrol directly.\u003C\u002Fp>\n\n\n\n\u003Cp>But the government must establish mechanisms to encourage these savings to reach passengers and consumers rather than remaining entirely with transport businesses.\u003C\u002Fp>\n\n\n\n\u003Cp>NNPC should publish participating outlets, availability arrangements, applicable prices and monitoring procedures. The reported 52 per cent availability figure should also be independently verified and, if accurate, addressed through improved supply management. The National Patriots support accountability, not excuses for operational weaknesses.\u003C\u002Fp>\n\n\n\n\u003Cp>Acknowledging Hardship Not Admission That Reform Was Unnecessary\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku’s statement cites remarks by presidential adviser Daniel Bwala acknowledging that the economic reforms contributed to increased poverty. Acknowledging the adverse effects of reform is not inherently contradictory. It is an important part of honest governance.\u003C\u002Fp>\n\n\n\n\u003Cp>Nigeria’s petrol subsidy system had imposed substantial fiscal pressures, while foreign-exchange distortions complicated investment and economic planning. The question is not whether reform was necessary, but whether its sequencing, implementation and social protection have adequately shielded vulnerable citizens. On that question, government must remain accountable.\u003C\u002Fp>\n\n\n\n\u003Cp>The National Patriots have consistently maintained that macroeconomic improvement must translate into affordable food, transportation, electricity, employment and improved household purchasing power. No administration should confuse improving economic indicators with the immediate disappearance of hardship. Equally, the opposition should not confuse an acknowledgement of hardship with proof that every reform objective was misguided.\u003C\u002Fp>\n\n\n\n\u003Cp>The Obasanjo Comparison Requires Historical Accuracy\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku’s claim that Nigeria became Africa’s largest economy between 1999 and 2007 without subsidy removal or tax increases oversimplifies economic history.\u003C\u002Fp>\n\n\n\n\u003Cp>Nigeria’s widely reported emergence as Africa’s largest economy followed the 2014 GDP rebasing exercise, not a formal ranking achieved during President Olusegun Obasanjo’s administration.\u003C\u002Fp>\n\n\n\n\u003Cp>Furthermore, petroleum prices were adjusted during the Obasanjo years, while the country’s tax and fiscal systems underwent significant changes.\u003C\u002Fp>\n\n\n\n\u003Cp>Economic comparisons must also account for exchange-rate movements, inflation, population growth, oil-market conditions and statistical methodology.\u003C\u002Fp>\n\n\n\n\u003Cp>A country’s position in an African GDP ranking, particularly when expressed in US dollars, does not by itself establish whether its citizens are becoming more prosperous.\u003C\u002Fp>\n\n\n\n\u003Cp>The relevant measures include real incomes, productivity, poverty reduction, employment, infrastructure and living standards. Atiku served as Vice President for eight years and is entitled to defend that administration’s record. But historical claims must withstand the same scrutiny demanded of today’s government.\u003C\u002Fp>\n\n\n\n\u003Cp>Political Competition Must Not Overshadow National Welfare\u003C\u002Fp>\n\n\n\n\u003Cp>The suggestion that every relief measure introduced ahead of 2027 is necessarily an electoral manoeuvre is an argument about political motivation, not proof of wrongdoing. An approaching election does not suspend the government’s obligation to respond to economic hardship. Nor does it prevent the opposition from questioning whether relief measures are adequate.\u003C\u002Fp>\n\n\n\n\u003Cp>What Nigerians deserve is a serious debate about which interventions are affordable, transparent, effective and sustainable. The National Patriots therefore call upon NNPC and the Federal Government to communicate the petrol-discount arrangement more comprehensively, publish its operational details and demonstrate how it complements the country’s evolving transportation and social-protection policies.\u003C\u002Fp>\n\n\n\n\u003Cp>President Tinubu’s administration should be encouraged to respond to economic realities without abandoning fiscal discipline. At the same time, it must ensure that announced relief translates into measurable benefits.\u003C\u002Fp>\n\n\n\n\u003Cp>Atiku’s alternative proposals should be assessed on their financial implications and practical feasibility, not merely their political appeal.\u003C\u002Fp>\n\n\n\n\u003Cp>Food for Thought\u003C\u002Fp>\n\n\n\n\u003Cp>A temporary intervention is not necessarily a failed policy, just as a permanent subsidy is not necessarily sustainable protection. The true measure of responsible leadership is the ability to recognise hardship, respond pragmatically, preserve national resources and build lasting alternatives.\u003C\u002Fp>\n\n\n\n\u003Cp>The National Patriots Position\u003C\u002Fp>\n\n\n\n\u003Cp>The National Patriots commend President Bola Ahmed Tinubu’s support for NNPC Retail’s proposed margin reduction as a constructive short-term response to fuel-price pressures. We particularly welcome the emphasis on commercial transport operators, while urging government to widen access wherever operationally and financially feasible.\u003C\u002Fp>\n\n\n\n\u003Cp>We recommend extending the intervention where financially sustainable, ensuring continuity of appropriate relief until CNG, electric mobility and mass-transit alternatives become more widely accessible. Transparent implementation, public reporting and stronger targeted protection for vulnerable households must remain priorities.\u003C\u002Fp>\n\n\n\n\u003Cp>Above all, Nigerians must see the benefits in their daily expenditure. Opposition politics has a legitimate place in democracy, but criticism should distinguish genuine policy weaknesses from economic mischaracterisation. Nigeria needs sustainable solutions, not a return to arrangements whose costs are concealed or transferred to future generations. The objective must remain clear: immediate relief where possible, sustainable affordability through structural reform, and measurable improvement in the welfare of every Nigerian.\u003C\u002Fp>\n\n\n\n\u003Cp>Fraser is the President, The National Patriots Movement of Nigeria\u003C\u002Fp>\n","tinubus-30-day-petrol-relief-nigerians-deserve-solutions-not-political-distortions",{"id":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[26,1817,27,1818,1819,1820,1821,1822,1823],"30day","relief","nigerians","deserve","solutions","political","distortions","https:\u002F\u002Fglobal.ariseplay.com\u002Famg\u002Fwww.thisdaylive.com\u002Fuploads\u002Funnamed-3-7.png",{"id":1826,"createdAt":1827,"updatedAt":1828,"name":1829,"image":1830,"slug":1831},"676b27a5-8a43-458d-91ba-45c07367106b","2026-03-26T09:35:16.600Z","2026-08-13T13:04:20.834Z","This Day","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002F9fa91fe1-7788-42ef-8d40-5d5ef6e5261e.png","this-day",9,"https:\u002F\u002Fwww.thisdaylive.com\u002F2026\u002F10\u002F10\u002Ftinubus-30-day-petrol-relief-nigerians-deserve-solutions-not-political-distortions\u002F",{"id":1835,"createdAt":1836,"updatedAt":1837,"title":1838,"excerpt":1839,"content":1840,"slug":1841,"topic":1842,"tags":1843,"image":1850,"author":33,"feed":1851,"views":1832,"type":42,"readTime":43,"externalSourceUrl":1858},"a9735853-217f-4472-b904-fbd93fb2f620","2026-10-10T16:40:00.257Z","2026-10-10T18:50:12.000Z","Fuel Discount: Makinde Asks FG To Release Pricing Template","His comment came days after the Federal Government announced a 30-day fuel discount policy aimed at easing the price of the essential commodity.\nThe post Fuel Discount: Makinde Asks FG To Release Pricing Template appeared first on Channels Television.","\u003Cp>\u003Cstrong>The governor of Oyo State, Seyi Makinde, has questioned the Federal Government’s fuel discount policy, asking it to release its pricing template for the programme.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Makinde, who also doubles as the presidential candidate of the Allied Peoples Movement (APM), spoke on Saturday at the party’s North-East 2027 Town Hall Meeting in Yola, Adamawa State.\u003C\u002Fp>\u003Cp>“Now, yesterday, I listened to the Minister of Finance on TV. He said now that they are on price modulation for petroleum products. We are asking for only two things. We don’t want long ‘turenchi’ [fancy grammar and talk],” the governor told the gathering.\u003C\u002Fp>\u003Cp>“Just release to Nigerians your pricing template: how you arrived at your figure, and let Nigerians – they are not dumb – look at your pricing templates, and if they have a better solution, they will present it.\u003C\u002Fp>\u003Cp>“The fact that we’re in government or you’re in the [Presidential Villa] does not make you the only people with sense. In Nigeria, we have Nigerians who can dissect issues and proffer solutions. So please give us your pricing template, and we will make our input.”\u003C\u002Fp>\u003Cp>\u003Ciframe title=\"YouTube video player\" src=\"https:\u002F\u002Fwww.youtube.com\u002Fembed\u002FJM1g-291a80?si=-JwqphDpilmJ1OCV\" width=\"800\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\">\u003C\u002Fiframe>\u003C\u002Fp>\u003Cp>His comment came days after the Federal Government announced a 30-day fuel discount policy aimed at easing the price of fuel across the country.\u003C\u002Fp>\u003Cp>The policy, in partnership with the Nigerian National Petroleum Company Limited (NNPCL), has attracted widespread criticism from the opposition, who described it as the return of subsidy via the back door and a politically motivated ploy just months away from the 2027 general elections.\u003C\u002Fp>\u003Cp>President Bola Tinubu, who is seeking a second term, pushed through sweeping economic reforms when he came into office in 2023, including scrapping a major fuel subsidy and unifying the exchange rate market.\u003C\u002Fp>\u003Cp>While economists have broadly backed the measures, they have driven up living costs and deepened hardship in Africa’s most populous country.\u003C\u002Fp>\u003Cp>Although Nigeria, Africa’s top oil producer, hosts the continent’s largest refinery, owned by industrialist Aliko Dangote, fuel prices have risen to about ₦1,400 ($1.00) per litre from the ₦830 seen before the war in the Middle East.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002Ffuel-discount-makinde-asks-fg-to-release-pricing-template\u002F\">Fuel Discount: Makinde Asks FG To Release Pricing Template\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\">Channels Television\u003C\u002Fa>.\u003C\u002Fp>\n","fuel-discount-makinde-asks-fg-to-release-pricing-template",{"id":15,"createdAt":16,"updatedAt":16,"name":17,"slug":18},[1844,28,1845,1846,1847,1848,1849],"fuel","makinde","asks","release","pricing","template","https:\u002F\u002Fwww.youtube.com\u002Fembed\u002FJM1g-291a80",{"id":1852,"createdAt":1853,"updatedAt":1854,"name":1855,"image":1856,"slug":1857},"ed016172-c891-43d9-9b19-f0ec12e59317","2026-03-25T11:56:29.230Z","2026-08-13T13:09:05.114Z","Channels TV","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Fd580ea30-ea49-4b9d-80ff-addcbc015d05.jpg","channels-tv","https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002Ffuel-discount-makinde-asks-fg-to-release-pricing-template\u002F",{"id":1860,"createdAt":1861,"updatedAt":1862,"title":1863,"excerpt":1864,"content":1865,"slug":1866,"topic":1867,"tags":1868,"image":33,"author":33,"feed":1876,"views":1832,"type":42,"readTime":43,"externalSourceUrl":1883},"d7e9db70-8116-46ad-b860-954edb26aaa0","2026-10-10T08:20:00.605Z","2026-10-10T14:13:05.000Z","Petrol Hits ₦1,900 Per Litre At Depots Despite FG’s 30-Day Discount","Petrol depot prices have climbed to ₦1,900 per litre in Port Harcourt, while increases were also recorded in Lagos, Warri and Calabar, despite lower pump prices at some filling stations. According to Vanguard, NIPCO raised its petrol price in Port Harcourt by ₦170, from ₦1,730 to ₦1,900 per litre. African Terminal, Ascon, Eterna, Gulf Treasure, […]\nThe post Petrol Hits ₦1,900 Per Litre At Depots Despite FG’s 30-Day Discount appeared first on Information Nigeria.","\u003Cp>Petrol depot prices have climbed to ₦1,900 per litre in Port Harcourt, while increases were also recorded in Lagos, Warri and Calabar, despite lower pump prices at some filling stations.\u003C\u002Fp>\n\u003Cp>According to Vanguard, NIPCO raised its petrol price in Port Harcourt by ₦170, from ₦1,730 to ₦1,900 per litre. African Terminal, Ascon, Eterna, Gulf Treasure, Ibachem and Ibeto also increased their rates from ₦1,750 to ₦1,900.\u003C\u002Fp>\n\u003Cp>Duport and Integrated raised their prices by ₦56 to ₦1,806 per litre.\u003C\u002Fp>\n\u003Cp>In Lagos, Masters, Sigmund, T.S.L and NIPCO adjusted their prices to ₦1,350 per litre, while Matrix increased its rate to ₦1,360. Matrix also raised its price in Calabar to ₦1,370.\u003C\u002Fp>\n\u003Cp>In Warri, Keonamex, Matrix, Nepal and Parker increased their petrol prices to ₦1,360 per litre, while Optima adjusted its rate to the same amount.\u003C\u002Fp>\n\u003Cp>At the retail level, NNPC sold petrol for ₦1,360 per litre in Lagos and surrounding areas. MRS Oil charged ₦1,338, while 11 Plc sold at ₦1,338.80. Independent marketers charged between ₦1,368 and ₦1,400, depending on location.\u003C\u002Fp>\n\u003Cp>The increases came amid rising international oil prices. Brent crude rose to $104.50 per barrel, while the US benchmark, WTI, climbed to $91.73.\u003C\u002Fp>\n\u003Cp>The higher diesel costs could further increase expenses for manufacturers, transport operators and businesses that depend on diesel for electricity and transportation.\u003C\u002Fp>\n\u003Cp>Speaking to Vanguard, petroleumpriceng Chief Executive Officer Olatide Jeremiah said,“Despite domestic issues and development in Nigeria, the downstream sector would continue to respond or react to developments at the global oil market.”\u003C\u002Fp>\n\u003Cp>However, the mixed movements in global oil benchmarks suggest that crude prices alone may not explain the domestic increases, as supply conditions, transportation costs and marketers’ pricing decisions can also affect pump prices.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.informationng.com\u002F2026\u002F10\u002Fpetrol-hits-%e2%82%a61900-per-litre-at-depots-despite-fgs-30-day-discount.html\">Petrol Hits ₦1,900 Per Litre At Depots Despite FG’s 30-Day Discount\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.informationng.com\">Information 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