Dangote Refinery Disrupts Market: Direct Petrol Supply Cuts Prices

Dangote Refinery in Nigeria has started direct petrol supply to bulk buyers, bypassing middlemen, leading to reduced pump prices. The President of the National Association of Road Transport Owners (NARTO), Yusuf Othman, revealed that some bulk buyers reneged on contracts in favor of Dangote's free delivery service.

Othman expressed concerns about larger suppliers entering the market and urged the Nigerian government to intervene. Dangote's move has disrupted the traditional supply chain, prompting calls for reconsideration to ensure industry players' survival.

The refinery's decision to cut out middlemen has significant implications for the fuel distribution sector in Nigeria.