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Diesel prices have increased across major depots in Lagos, Port Harcourt, Warri and Calabar, with some locations recording hikes of up to N50 per litrePetrol prices remained largely stable in Lagos as competition between Dangote Refinery and other marketers kept ex-depot prices around N1,075 per litreHowever, some depots outside Lagos raised petrol prices, highlighting the impact of logistics costs and regional market conditions on fuel pricing
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Diesel prices have risen across several petroleum depots in Lagos, Port Harcourt and Warri, even as petrol prices remained largely stable due to strong competition among marketers and the Dangote Petroleum Refinery.
The latest depot pricing data showed that the increase in Automotive Gas Oil (AGO), commonly known as diesel, comes despite concerns that renewed tensions in the Middle East involving the United States and Iran could trigger another round
