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Filling stations in Nigeria temporarily close amid rising global crude oil prices fueling speculation of petrol price hikesPETROAN denies closures are due to price speculation, emphasising no justification for genuine marketers to suspend operationsDangote Refinery begins free petrol distribution, aiming to enhance competition and stabilise retail prices amid market uncertainty
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Several filling stations across Nigeria temporarily shut their outlets on Thursday, July 9, 2026, amid growing speculation that petrol prices could rise again following a fresh surge in global crude oil prices.
The development has sparked concerns among motorists and businesses already grappling with high transportation and energy costs, although industry stakeholders insist there is no justification for genuine retailers to suspend operations over market speculation.
Marketers react as petrol stations close over fears of imminent price hikes. Credit: NovatisSource: Getty Images
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