Dangote Refinery Disrupts Market with ₦850/Litre Petrol, CNG Trucks
Dangote Refinery is shaking up the market by introducing CNG trucks and offering petrol at ₦850/litre, lower than the prevailing rates. Despite this move, retail pump prices are on the rise, causing public concern.
Other players like NNPC and private depots are selling petrol at higher prices. The deployment of CNG trucks aims to reduce logistics costs and diesel dependency in distribution.
Market data shows varying depot prices, with some selling petrol at rates higher than Dangote's. This development signals a potential logistics revolution in the petroleum supply chain, pushing Nigeria towards cleaner energy goals.
Plus234Feed summary based on reporting from Legit NG. Read the original report below.
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