Morning recap: Dangote defends petrol price hikes, APC-ADC subsidy row, other top stories
Making the headlines this morning, August 31, 2026, are stories that revolve around politics and energy costs, particularly how political parties and actors are making strategic moves towards the upcoming 2027 general elections. In just eight days, the Dangote Petroleum Refinery has announced the third increase in its PMS (petrol) gantry price. However, the refinery Read More:…
The Dangote Petroleum Refinery has increased its petrol price for the third time in eight days. According to Punch, the refinery attributes the price hikes to the cost of crude oil and the lengthy process of securing, shipping, and delivering it to the refinery.
Petrol is now selling between N1,310 and N1,400 per litre, depending on location. The price increase comes amid a row between the All Progressives Congress and former Vice-President Atiku Abubakar over petrol subsidy removal.
The Nigerian Electricity Regulatory Commission's 2025 Annual Report states that the Ajaokuta Steel Company Limited and its host community risk being disconnected from electricity supply over unpaid obligations totalling N5.46 billion, as per Punch.
Brief written by urgent.news from Punch Nigeria, Punch — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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