Uchechi Okporie
Oct 09, 2026
3 min read
The Federal Government has proposed a ceiling of ₦1,350 per litre on petrol’s landing cost as part of efforts to improve price stability and provide greater certainty in the petroleum market.
Finance Minister Taiwo Oyedele reportedly discussed the proposal during a briefing in Abuja, explaining that the arrangement would help refiners plan their operations more effectively.
The proposed landing-cost ceiling should not be confused with the retail price motorists pay at filling stations.
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