Dangote Refinery Cuts Petrol Price, Boosts Competition in Nigeria's Market

Dangote Refinery in Nigeria is selling petrol at a lower price compared to imported fuel, with an ex-depot price of N699 per liter. The refinery's move to slash prices by N44 per liter has led to competitive pricing in the market.

Aliko Dangote, the man behind the refinery, has ensured that consumers pay N740 per liter, emphasizing the choice between purchasing Dangote petrol or alternatives. The refinery has achieved a significant daily fuel supply capacity, stabilizing prices and meeting a substantial portion of Nigeria's petrol consumption needs.