dangote refinery

In a sector where one extra truck can spark unease, news of Dangote’s 4,000 compressed natural gas (CNG) vehicles raised eyebrows. Yet contrary to fears of a transport takeover, Nigeria’s petroleum tanker owners have struck a calm note, there’s enough fuel to move, and enough roads for all. The...

Starting August 15, 2025, the Dangote Refinery will bypass traditional fuel marketers and supply petrol and diesel directly to large users such as manufacturers, telcos, and the aviation sector, all at zero logistics cost. This marks a major shakeup in Nigeria’s fuel supply chain. The 650,000...

Aliko Dangote has revealed that Nigerians are paying just N820 per litre for petrol—a staggering 45% discount compared to the West African average of N1,600—thanks to his $20bn Lekki refinery. During an ECOWAS delegation visit, Africa’s richest man framed the price drop as proof that local...

The Dangote Refinery has reduced petrol prices to between ₦875 and ₦905 per litre, depending on location — a move that could bring slight relief to Nigerians grappling with high fuel costs. New petrol prices range from ₦875 to ₦905 per litre The rate varies by region but applies nationwide The...

The Dangote Petroleum Refinery says its ability to cut and stabilize petrol prices is due to Nigeria’s naira-for-crude initiative, supporting affordability despite global oil price fluctuations. Dangote credits the naira-for-crude deal for helping reduce pump prices and supporting economic...

Petroleum marketers project pump prices will drop nationwide as Dangote Refinery further reduces its ex-depot rate for petrol, reinforcing expectations of lower retail prices amid ongoing downstream deregulation. Dangote Refinery offered a ₦10 refund on PMS sold at ₦835/litre, pushing depot...