Dangote Refinery Reduces Petrol Prices Across Nigeria
In a major development for the Nigerian energy sector, the Dangote Refinery has announced a significant reduction in the price of petrol nationwide. The move is expected to ease the burden of fuel costs on citizens and businesses, providing much-needed relief amid ongoing economic challenges.
According to a statement from the company, the price cut reflects Dangote Group’s commitment to making refined petroleum products more affordable and accessible to Nigerians. The refinery, which recently began local production, aims to stabilize supply and reduce the country’s dependence on imported fuel.
Industry experts have welcomed the price adjustment, noting that increased local refining capacity is a critical step toward achieving long-term energy security and economic resilience.
The federal government is expected to work closely with the refinery to ensure that the new prices are effectively implemented at retail outlets across the country.
