A Niger Delta anti-pipeline vandalization group has backed the reforms championed by the Nigerian National Petroleum Company Limited to stabilise the country’s oil and gas downstream sector.

The National Coordinator, Anti-Pipeline, Oil Theft & Illegal Bunkering Task Force, Pathfinder Fiawei, made this known in a statement on Tuesday.

According to him, the reforms, which are the initiative of the Downstream at the Nigerian National Petroleum Company Limited, NNPCL, led by Isiyaku Abdullahi, have deeply impacted and galvanised that part of the oil and gas value chain.

He noted that NNPCL’s efforts have spurred competitiveness in the country’s downstream sector as Nigerians experience a gradual drop in the price of Premium Motor Spirit.

“We, the Anti-Pipeline Vandalization/Oil Theft & Illegal Bunkering Taskforce Group, are a critical stakeholder in the oil and gas sector, and we have painstakingly assessed and monitored NNPCL and the Executive Vice President, Downstream, Isiyaku Abdullahi, Downstream, and have seen the convincing impact and penetration of the timely reforms he has initiated, championed, and executed that have drastically changed the narrative in the history of the oil and gas sector in this country,” he said.

This comes amid controversies over the import of Premium Motor Spirit despite Dangote Refinery’s capacity to meet 100 percent of petroleum demand in Nigeria.

At the ongoing Nigeria International Energy Summit in Abuja, the Group Chief Executive Officer of NNPCL, Mele Kyari, assured Nigerians that the state-owned oil firm is committed to ensuring energy security in line with the Petroleum Industry Act.

While NNPC retail stations sell PMS at N965 per litre, Dangote petrol is sold at N945 per litre in MRS filling stations.

PMS is sold between N970 and N1000 at other filling stations across the country.

Source: https://dailypost.ng/2025/02/26/fuel-price-drop-group-backs-nnpcls-reforms/

God punish group, people met fuel at 187 and took it to over 1k and now reduce it to 960 and you are hailing them

I won’t be surprised if they introduce subsidy and claim it’s invisible reforms, after all they denied paying subsidies for a long time while they were doing so.

Agbado can do anything for power grab and run

How would this affect our economy so that the poor could breath

Gradually we would get there. That is the effect of healthy competition and not the monopoly nature some people want to keep on practicing. God bless Nigeria and Nigerian. Good morning good people of Nairaland, God bless our day. Amen

Nigerians will always adjust
If you like increase it to 10000 naira, then reduce it by ten naira, Nigerians are so docile, they will only grumble on social media, life continues

Past Nigeria president
🥥Jonathan 2011-2015
🥥Dullard 2015-2023
🥥ogbanje 2023- 2027
🏆Obi champion - 2027-2035

no wahala..check my sig.

Stupid people everywhere

So hopefully the price will keep going down? Because 800+ is not at all the dream. Not with 70k minimum wage

The problem wasn’t subside removal, but floating the naira at the same time. Now that our Chicago economist has started strengthening the naira with over $8billion and it seems the dollar has started coming down for obvious reasons, I expect the fuel to also come down. I also expected the shallow thinkers to start praising the olodo of a president.

Expect the prices of dollars and the petrol to further go down until after the elections. And expect the real or new prices after the elections.

Sebi una no wise ni.

ibabz:
The problem wasn’t subside removal, but floating the naira at the same time. Now that our Chicago economist has started strengthening the naira with over $8billion and it seems the dollar has started coming down for obvious reasons, I expect the fuel to also come down. I also expected the shallow thinkers to start praising the olodo of a president.

Expect the prices of dollars and the petrol to further go down until after the elections. And expect the real or new prices after the elections.

Sebi una no wise ni.

How long will he be doing this,am a crypto enthusiast he should embrace cryptocurrency & Nigeria should have her own stable digital currency this is overdue I thought we would had created it since instead of yeye E-naira.I read somewhere of cNGN instead of holding USDT then we Nigerians even some Africans can wish to hold it & I believed it will help close the wide exchange margin btwn $ & # God bless Nigeria

cococandy:
So hopefully the price will keep going down? Because 800+ is not at all the dream. Not with 70k minimum wage

So you actually believe the price is coming down? Wait until after the elections. This man will do everything to make people believe his policies are working. The same way dollars went down last week, now the fuel. A simple logical explanation for this is that elections preparation is behind the corner and they must get something to use for their campaign.

Pls write this down, if by mistake, Tinubu wins the second term election, dollar is going above N2000.

Hehe group of the same vandals

Walezy2020:

How long will he be doing this,am a crypto enthusiast he should embrace cryptocurrency & Nigeria should have her own stable digital currency this is overdue I thought we would had created it since instead of yeye E-naira

You must have been comparing Tinubu with Trump. Both of them have different ideologies: one believes in “America first” while the other believes “emilokan” how do you want both of the to reason same way?

SalamRushdie:
God punish group, people met fuel at 187 and took it to over 1k and now reduce it to 960 and you are hailing them

God will punish all whose their candidates in the last election also planned to remove fuel subsidy and float naira but became the enemy and critic of the policies because they hate the person in power.

They will never now peace

ibabz:



You must have been comparing Tinubu with Trump. Both of them have different ideologies: one believes in “America first” while the other believes “emilokan” how do you want both of the to reason same way?

From a point ot view of Trump ass licker and Tinubu hater.

What this people don’t know is that Nigerians are always at the receiving end of this unstable economy. Now that the price of fuel has come down to N850, you should have expected the prices of transportation, goods and services to also come down accordingly. But unfortunately the price won’t come down, and if by tomorrow the price of fuel goes back to N1200 from the new N850, the prices will be adjusted accordingly immediately.

T

hafeeanubasy:

From a point ot view of Trump ass licker and Tinubu hater.

Because you’re so dumb and stupid to use your head, that’s if you had one.

linkers:
How would this affect our economy so that the poor could breath

Subsidy is gone

givedemwotowoto:
I won’t be surprised if they introduce subsidy and claim its invisible reforms, after all they denied paying subsidies for a long time while they were doing so.

Agbado can do anything for power grab and run

This can’t be far from the truth. Election is behind the corners and they must prove to the idiots that their policies have started working. The same way they have been secretly pumping money to support the naira just to prove that their policies are working.

SalamRushdie:
God punish group, people met fuel at 187 and took it to over 1k and now reduce it to 960 and you are hailing them

It still does not have any effect on d economy

Nigerians are not thanking NNPCL enough.

If not NNPCL holding that man called Dangote accountable and competing favorably with him, Fuel would have been sold N1500/Litre.

That’s what a lot of us don’t understand, they are busy clapping for a well known monopolist because he removed N65. Nigerians will never cease to amaze you. Someone that even when BUA reduced his cement price, he refused to reduce his own and threatened BUA and IBETO.

Btw, Dangote refinery is just adjusting to FX rate direction & playing a monopoly card to push out Importers. And from all economist analysis, it was concluded that our Naira is undervalued, the real value is between 950-1002 Naira. If CBN can reflect this, then PMS should be between 400-600 Naira. Then PBAT have written his name in gold in the history of this nation.

I love how President Tinubu is gradually bringing Nigeria to the position we’ve always yearned for. Crash in Petrol Price, crash in food price, crash in dollar rate… crash crash crash…!!!

linkers:
How would this affect our economy so that the poor could breath

Unfortunately, this would have more negative impacts on the economy than positive impacts. One would have expected the prices of transportation, goods and services to reduce. But not in Nigeria. However when the price of fuel goes back to the old price of N1200, you will see the prices of goods and services increases accordingly.

Awon eerey
As if they cnt do better than dis b4

Hh

ibabz:


So you actually believe the price is coming down? Wait until after the elections. This man will do everything to make people believe his policies are working. The same way dollars went down last week, now the fuel. A simple logical explanation for this is that elections preparation is behind the corner and they must get something to use for their campaign.

Pls write this down, if by mistake, Tinubu wins the second term election, dollar is going above N2000.

I’m just being hopeful

So When is the second term election?

These people are dumb enough not to
know that NNPC under Mele Kyari has been
the problem of the Nigerian oil 🛢 sector... 😠

Dangote is doing well.

He is proving that what goes up (prices of petroleum) can come down.

We need more patriots.

SalamRushdie:
God punish group, people met fuel at 187 and took it to over 1k and now reduce it to 960 and you are hailing them

Took the words from my mouth ..
Same applies to naira against dollar.
People talking rubbish up and down!

SalamRushdie:
God punish group, people met fuel at 187 and took it to over 1k and now reduce it to 960 and you are hailing them

Trueprophet91:

Took the words from my mouth ..
Same applies to naira against dollar.
People talking rubbish up and down!

I can guess the region both of you come from - importer and exporter cum developers.

You lot have nothing good to contribute to national discuss than disgracing yourself.

Nobody dictare the price you sell your fake products to you but want government to dictate fuel price to Dangote and NNPL private entities