Dangote Refinery's Direct Fuel Supply to Lower Petrol Prices Nationwide

Dangote Refinery has initiated direct fuel supply across Nigeria, partnering with various retail outlets to offer premium motor spirit at prices below the current market benchmark. This move is set to reduce pump prices, particularly in locations where competition is intense and logistics costs are high.

The partnership includes major players like Mr. Oil, Ardova Petroleum, Heyden Petroleum, Garima Petroleum, and Optima Energy. The Independent Petroleum Marketers Association of Nigeria (IPMAN) anticipates a potential drop in petrol prices due to the refinery's competitive pricing strategy.