Petrol Prices Surge at Depots as Dangote Halts Sales to Unregistered Marketers

Petrol prices at major depots in Nigeria surged after Dangote Petroleum Refinery suspended sales to unregistered marketers. Prices at various depots, including Pinnacle, Fynefield, Rainoil, NIPCO, and Dangote, witnessed significant increases per litre.

The suspension by Dangote aimed at enhancing operational efficiency and promoting a wider adoption of its Free Delivery Scheme. The company assured that active orders placed before the suspension would be honored.

This development underscores the impact of Dangote's strategic decision on the petrol market, leading to price hikes at depots across the country.