Our error: Petrol not N1900; diesel is -Media house

According to a report by Vanguard on Saturday, October 10, 2026, in a previous article regarding increasing petroleum product prices in Nigeria, Vanguard News made the mistake of mistaking diesel for gasoline. The publication has since apologized.

Saturday, October 10, 2026 saw the publication of a corrigendum in which the ₦1,900 per liter price mentioned in the previous edition pertained to Automotive Gas Oil (AGO), otherwise known as diesel, and not to Premium Motor Spirit (PMS), or petrol.

The publication took responsibility for the error and apologized to readers for any confusion the story may have caused.

Our previous report incorrectly stated that the price of diesel (AGO) was N1,900 per liter, while in fact it referred to petrol (PMS).

“We deeply apologize for the mistake and any misunderstanding it may have created,” Vanguard stated in its response.

The clarification was issued after a previous report titled “Petrol Hits N1,900/Litre as Depot Prices Surge Despite NNPC Cut” was published, which had previously addressed the topic of rising petroleum product prices nationwide.

Even though the report mentioned that petrol prices in Port Harcourt reached ₦1,900 per liter, diesel prices at Rain Oil and Matrix depots in Warri were also recorded at the same price.

Because diesel and gasoline are used for different things and have different price patterns in Nigeria’s downstream petroleum market, this correction is significant.

Trucks, generators, industrial machinery, and companies that rely on alternative power sources typically use diesel, while drivers and commercial transport operators primarily use gasoline.

So, if the product isn’t described correctly, consumers, transportation companies, and businesses might be confused about how much fuel really costs.

This explanation is given in light of the fact that the price of crude oil and other petroleum products has been steadily climbing recently, due in part to events on the global oil market.

According to the initial report by Vanguard, gas prices at NIPCO and other depots in Port Harcourt were increased to ₦1,900 per liter. Additionally, it was mentioned that Rain Oil and Matrix in Warri both raised their diesel prices to the same level.

Some petrol depots in Lagos were selling the product at lower rates than others, according to the report.

Retail prices for gasoline were reported by the newspaper to be around ₦1,360 per liter at NNPC filling stations in Lagos and ₦1,338 per liter at MRS. Location was a major factor in the prices charged by independent marketers.

You can see the disparity between the wholesale prices applied at depots and the pump prices paid by drivers at gas stations in these numbers.

This correction comes at a time when Nigerians are already struggling to cope with the effects of skyrocketing fuel costs on their transportation, power generation, and overall cost of living.

Refiners and importers are anticipated to bear short-term price hikes and recoup their expenses when market circumstances improve, according to Reuters’ reporting on October 8 that the Federal Government is contemplating a plan to limit gasoline prices at around ₦1,350 per liter. Reducing price volatility was the stated goal of the proposal.

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