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Petrol at ₦865/L Despite Dangote's Price Cut and Delivery Scheme

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Petrol at ₦865/L Despite Dangote's Price Cut and Delivery Scheme

Despite Dangote Refinery's reduced petrol price and free delivery scheme, petrol is still being sold for ₦865/litre in some areas, contrary to the expected decrease. While the refinery had announced a price cut and direct fuel distribution to reduce costs, many filling stations have not adjusted their prices accordingly.

Some stations in Lagos are selling petrol at the reduced rate, but others in Ogun State are charging higher prices. The delay in price adjustments has caused frustration among motorists who expected relief from high fuel costs.

The situation highlights challenges in implementing price reductions across different regions despite initiatives aimed at reducing retail prices.

Plus234Feed summary based on reporting from NaijaNews. Read the original report below.

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