Dangote Refinery Cuts Petrol Prices After Agreement with NUPENG

Dangote Refinery in Nigeria adjusted petrol prices following negotiations with the National Union of Petroleum and Natural Gas Workers (NUPENG) to avert a nationwide strike. The refinery reduced the price of petrol to N835 per litre from N840, while other private depots also made price adjustments.

The agreement between Dangote Refinery and NUPENG, brokered by the Minister of Labour, prevented potential disruptions in petrol supply due to the planned strike. The move to lower petrol prices came amidst concerns over industrial action and highlighted the importance of dialogue between stakeholders to maintain stability in the petroleum sector.