Di wahala for Middle East wey dey hot well well don make global crude price comot up, and dis one don cause fuel price to change for Nigeria. E dey cause fear say inflation go wahala pipo and business again.

As supply wahala dey around Strait of Hormuz, cost of energy jump up, and dis one make di refiners and depot operators change dia price. Dis kain tin show say di price of fuel wey dey stable for deregulation no last, because any kain wahala for international market go affect price for inside Nigeria directly.

Dangote Petroleum Refinery don increase dia Premium Motor Spirit gantry price with N100, make di ex-depot rate climb from N774 go N874 per litre. Dis kain move go make pump price for everywhere for Nigeria change.

According to wetin we check for petroleumprice.ng, dis new price don start to work since yesterday.

People wey know di matter talk say dis increase come because di global crude oil market just scatter again, with international price cross $80 per barrel just for one night.

Data from downstream sector show say di refinery stop petrol loading operation from midnight of March 2, 2026, because crude price just shoot up. Di stop affect proforma invoices and PMS loading, but AGO (diesel) still dey load as usual.

Market checks still show say dis new N874 per litre ex-depot rate mean say di downstream pricing don shift, and retail pump prices go soon follow.

Dis development don scatter di downstream petroleum sector, as plenty private depot owners reportedly stop petrol sale for di whole day because dem dey fear about replacement cost and where price go land.

Analysts talk say dis latest increase show how domestic fuel price dey shake anyhow with international crude market change, and e raise fear about price stability under di deregulation wey we dey now.