Abeg, my people, make we gather as we yarn wetin dey happen for petrol market. E be like say na wa o! Prices don kpokpo for many depots for Naija. Before, we dey hear say Dangote refinery don reduce im petrol price from N828 wey be for the high side, go N699. But now, dem don start to raise am again. Wetin be this wahala sef?

Joseph Obele, wey be the PRO for Petroleum Products Retail Outlets Owners Association of Nigeria, don confirm say dem don adjust depot prices as per January 2. Na Lagos, for instance, Eterna dey sell for N800, Nipco dey sell for N750, while for Warri, Matrix don raise am to N805. Na serious matter be this! Wetin happen na?

Obele talk say e no go finish here o! E dey expect say prices fit rise more because of the panic wey don follow the news say Dangote refinery go shut down for maintenance. But wetin one insider talk be say no be so o! Dem still dey produce well well and only dey expand to increase production capacity from 650,000 barrels to 700,000. Na adjustment, no be shutdown be dat!

As e be now, many people dey fear say price go sharp sharply go high as private depots don begin to adjust their own price to as high as N800 again. Analysts dey talk say na because dem dey anticipate wahala wey fit happen for supply. The market na im crazy and we fit still dey see am plateau till refinery operations normalize.

According to the source for Dangote, di refinery still fit dey provide 50 million liters of petrol daily and e get enough stock to go around. Na so e suppose be, but them dey blame private depots wey dey take advantage of the situation. “Why dem go increase price when nothing dey happen for the refinery wey dem no dey buy from?” dem dey ask.

Dem don still assure us that petrol go dey sell for around N739 at MRS stations while IPMAN go sell am for N740 to N745. E be like say we no fit escape this wahala. Everybody go dey squeeze pocket tighter as we enter 2026, e no dey funny o!

Make we dey watch! Who no go want all this drama wey dey go on for petrol market? The way e be right now, all we fit do na cross our fingers and hope say things go balance well well, or else we go dey walk go stations wey give us the best price. Naija no fit dull!