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JUST IN: Petrol Sells At N1065 In Abuja And N998 In Lagos After NNPC-Dangote Deal Collapse

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JUST IN: Petrol Sells At N1065 In Abuja And N998 In Lagos After NNPC-Dangote Deal Collapse—-NNPC Limited retail stations and independent outlets started selling petrol as high as N1,065 per litre in Abuja, and N998 in Lagos among other new prices across Nigerian states, on Wednesday.

This price hike came after NNPCL ended its exclusive purchase deal with the Dangote Refinery, according to a Premium Times report.

The decision to set these new prices was reached through a joint review between NNPCL and independent fuel marketers.

Prior to this, Premium Times had revealed that NNPCL quit its exclusive supply deal with Dangote, paving the way for marketers to negotiate prices directly with the refinery.

The quoted prices are between N1,030 and N1,065 per litre in Abuja, N998 at NNPCL stations in Lagos, N1,025 in other southwest states, between N1,060 and N1,070 in northeastern states, and between N1,055 and N1,075 south-south states.

Since the Dangote Refinery began operations in May, its relationship with NNPCL has been rocky. According to Aliko Dangote, CEO of Dangote Group, NNPCL lost it’s 20% stake in the refinery after failing to meet financial obligations.

NNPCL later claimed it intentionally reduced its stake based on internal assessments.

There has also been some back-and-forth over petrol pricing. Dangote Group initially stated that NNPCL had full authority to set prices, but it retracted that statement.

The regulator quickly clarified that, in a deregulated market, prices are dictated by market forces, not NNPCL.

In July, the Federal Executive Council (FEC) stepped in, directing both parties to resolve their differences.

By September, NNPCL estimated that petrol prices would be N950.22 in Lagos and N992.22 in Abuja based on its negotiations with the refinery.

The estimated prices are based on negotiated terms between NNPC Ltd. and Dangote Refinery, which recognise current international gasoline prices and the prevailing foreign exchange rate in line with the provisions of the Petroleum Industry Act (PIA) 2021,” NNPCL said at the time.

“NNPC Ltd. can confirm that it is paying Dangote Refinery in US [dollars] for September 2024 PMS offtake, as naira transactions will only commence on October 1st, 2024. We reassure Nigerians that any discount from the Dangote Refinery will be passed on 100% to the general public.”

NNPCL began lifting petrol from Dangote Refinery on September 15, and the breakdown of their exclusive agreement has now influenced the latest price review.

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BREAKING: Ex-Chelsea Captain César Azpilicueta Announces Retirement From Football

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BREAKING: Ex-Chelsea Captain César Azpilicueta Announces Retirement From Football—-Spanish defender brings curtain down on trophy-laden career after spells with Chelsea, Atlético Madrid and Sevilla.

Former Chelsea FC captain César Azpilicueta has officially announced his retirement from professional football at the age of 36.

The Spanish defender confirmed that he will hang up his boots at the end of the season, bringing an end to a remarkable career that spanned nearly two decades.

He shared this news via his social media handles.

Azpilicueta enjoyed his most successful years at Chelsea after joining the club from Marseille in 2012. During his 11-year spell at Stamford Bridge, he made more than 500 appearances and became the first player in the club’s history to win every major trophy available.

As Chelsea captain, Azpilicueta famously lifted the UEFA Champions League trophy in 2021 under Thomas Tuchel, adding to Premier League, Europa League, FA Cup, UEFA Super Cup and FIFA Club World Cup triumphs during his time in London.

Following his departure from Chelsea in 2023, the veteran defender spent two seasons with Atlético Madrid before joining Sevilla FC for the final chapter of his career.

Azpilicueta also represented Spain at international level, earning 44 senior caps and featuring in multiple FIFA World Cups and European Championships.

In an emotional farewell message, the defender admitted it was difficult to make the decision but thanked supporters, teammates, coaches and clubs who shaped his journey in football.

Tributes have since poured in from fans and former teammates, with many describing Azpilicueta as one of Chelsea’s greatest modern-day captains and one of the most respected defenders of his generation.

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BREAKING: Shock Omissions as Palmer and Alexander-Arnold Miss England World Cup Selection

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BREAKING: Shock Omissions as Palmer and Alexander-Arnold Miss England World Cup Selection—-Ex-Chelsea Manager Thomas Tuchel makes bold selection calls ahead of tournament in North America.

England manager Thomas Tuchel has made several major selection decisions after leaving Cole Palmer and Trent Alexander-Arnold out of the Three Lions’ final squad for the 2026 FIFA World Cup.

The omissions have quickly sparked debate among fans and pundits, with both players considered among England’s biggest talents in recent years.

According to reports, Tuchel opted for balance, tactical flexibility, and current form when finalising his 26-man squad for the tournament in the United States, Canada, and Mexico.

Palmer’s exclusion comes despite the Chelsea star’s strong performances over the last two seasons, while Alexander-Arnold reportedly missed out due to tactical preferences and competition in defensive areas.

The squad announcement also saw several surprise inclusions, including Ivan Toney and Djed Spence, while experienced names such as Jordan Henderson earned recalls.

Other notable absentees include Harry Maguire and Phil Foden as Tuchel reshapes the squad ahead of England’s World Cup campaign.

England will head into the tournament hoping to end decades of hurt and finally lift the World Cup trophy for the first time since 1966.

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