Labour, CSOs Demand Probe as Petrol Prices Rise to ₦1,270 per Litre in Abuja

Organised Labour and civil society groups have accused the Federal Government and petroleum-sector operators of failing to protect Nigerians from rising petrol prices. They argue that recent increases are difficult to justify because global crude prices and the exchange rate have been relatively stable. The NLC, HURIWA, CISLAC and ActionAid called on the NMDPRA, FCCPC and Ministry of Petroleum Resources to investigate possible price fixing, market dominance, artificial scarcity and excessive profiteering. They also want a transparent breakdown of refinery, depot, transport, financing and retail costs behind each price adjustment. IPMAN said the latest increase followed repeated gantry-price adjustments by Dangote Refinery, rising from ₦1,165 to ₦1,200 per litre within a week. In Abuja, checks showed petrol selling for about ₦1,270 to ₦1,275 per litre at several outlets, raising concerns about further increases in transport and food costs.

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