Fuel prices across major depots in Nigeria fluctuated between 17 and 21 March 2025, reflecting the volatile nature of the petroleum market. Data from depots in Lagos, Port Harcourt, Warri, Calabar, and other key locations show varying trends across different petroleum products, including Premium Motor Spirit (PMS), Automotive Gas Oil (AGO), Liquefied Petroleum Gas (LPG), and Aviation Turbine Kerosene (ATK).
Dangote Depot Prices (17–21 March 2025)
- PMS: ₦824.5 (Opening) – ₦824.5 (Sales Stopped)
- AGO: ₦1,033 (Opening) – ₦1,027 (Sales Stopped)
- LPG: ₦812 (Opening) – ₦812 (Sales Stopped)
- ATK: ₦1,025 (Opening) – ₦1,025 (Sales Stopped)
Dockyard Axis Depot Prices (17–21 March 2025)
PMS
- Aiteo: ₦826 (Opening) – ₦860 (Sales Stopped)
- Nipco: ₦825 (Opening) – ₦860 (Sales Stopped)
AGO
- Nipco: ₦1,035 (Opening) – ₦1,035 (Sales Stopped)
- Aiteo: ₦1,032 (Opening) – ₦1,025 (Sales Stopped)
LPG
- Nipco: ₦822 (Opening) – ₦827 (Sales Stopped)
- 11PLC (Mobil): ₦822 (Opening) – ₦827 (Sales Stopped)
Coconut Axis Depot Prices (17–21 March 2025)
PMS
- Aipec: ₦860 (Opening) – ₦855 (Sales Stopped)
- MRS Tincan: ₦827 (Opening) – ₦835 (Sales Stopped)
AGO
- Ibeto: ₦1,035 (Opening) – ₦1,028 (Sales Stopped)
- Africa Terminal: ₦1,035 (Opening) – ₦1,028 (Sales Stopped)
LPG
- Techno Gas: ₦820 (Opening) – ₦820 (Sales Stopped)
Satellite Axis Depot Prices (17–21 March 2025)
PMS
- Wosbab: ₦828 (Opening) – ₦860 (Sales Stopped)
- Chipet: ₦830 (Opening) – ₦880 (Sales Stopped)
AGO
- Mao: ₦1,020 (Opening) – ₦1,020 (Sales Stopped)
- Menj: ₦1,025 (Opening) – ₦1,025 (Sales Stopped)
LPG
- Rainoil: ₦820 (Opening) – ₦820 (Sales Stopped)
- AA Rano: ₦815 (Opening) – ₦815 (Sales Stopped)
- PPMC: ₦820 (Opening) – ₦817 (Sales Stopped)
ATK
- Rainoil: ₦1,050 (Opening) – ₦1,060 (Sales Stopped)
Port Harcourt Depot Prices (17–21 March 2025)
PMS
- Masters: ₦855 (Opening) – ₦876 (Sales Stopped)
- Sigmund: ₦855 (Opening) – ₦880 (Sales Stopped)
- EVA: ₦855 (Opening) – ₦885 (Sales Stopped)
AGO
- Bulk Strategic: ₦1,036 (Opening) – ₦1,040 (Sales Stopped)
Delta Depot Prices (17–21 March 2025)
PMS
- Zamson: ₦854 (Opening) – ₦880 (Sales Stopped)
- Matrix Warri: ₦855 (Opening) – ₦880 (Sales Stopped)
- Parker: ₦854 (Opening) – ₦877 (Sales Stopped)
AGO
- Rainoil Delta: ₦1,036 (Opening) – ₦1,030 (Sales Stopped)
- Matrix Warri: ₦1,040 (Opening) – ₦1,035 (Sales Stopped)
- Zamson: ₦1,032 (Opening) – ₦1,030 (Sales Stopped)
- Pinnacle Warri: ₦1,035 (Opening) – ₦1,030 (Sales Stopped)
LPG
- Matrix Warri: ₦840 (Opening) – ₦835 (Sales Stopped)
ATK
- Matrix Warri: ₦1,060 (Opening) – ₦1,060 (Sales Stopped)
Calabar Depot Prices (17–21 March 2025)
PMS
- Mainland: ₦853 (Opening) – ₦890 (Sales Stopped)
- Fynefield: ₦860 (Opening) – ₦880 (Sales Stopped)
- Soroman: ₦851 (Opening) – ₦885 (Sales Stopped)
Market Trends and Observations
The data from these depots show mixed trends. While some locations saw price stability, others experienced significant increases, particularly in PMS prices. For example, PMS at Chipet Depot in the Satellite Axis surged by ₦50 within the five-day period.
Diesel (AGO) prices saw marginal fluctuations, with some locations like Rainoil Delta experiencing a ₦6 drop, while others, such as Bulk Strategic in Port Harcourt, recorded a slight increase.
The LPG market showed relatively minor price changes, with some depots maintaining stability, such as Techno Gas and Rainoil, while Nipco and 11PLC saw a ₦5 rise.
ATK prices remained largely stable except at Rainoil, where it increased by ₦10 over the period.
The fuel market remains volatile, with price fluctuations influenced by supply chain challenges, depot stock levels, and broader economic conditions. Nigerians are likely to feel the impact of these changes as transport, production, and household costs adjust to the new pricing realities.
