Dangote Refinery Petrol Price Update

Nigeria's petrol market is adjusting prices as the landing cost of imported petrol decreases. Dangote marketers have reduced wholesale prices, prompting independent operators to follow suit. The Nigerian National Petroleum Company Limited has also lowered its pump price, reflecti

Nigeria's downstream petroleum market is experiencing price reductions as Dangote Refinery and major depot operators cut rates. The petrol import parity price is ₦1,253.80 per litre, while Dangote's price is ₦1,185.13 per litre, indicating a significant advantage for locally refi

Dangote Petroleum Refinery has reduced its petrol price from ₦1,265 to ₦1,210 per litre, a 4.35 percent decrease. This adjustment follows a decline in the European gasoline benchmark. Other depot owners are expected to lower their prices in response.