In a significant move, the Dangote Petroleum Refinery has announced a reduction in its petrol loading price to N860 per litre. This adjustment aims to provide relief to consumers amid fluctuating fuel costs.
The new pricing structure varies by region:
- Lagos: N860 per litre
- South-West: N870 per litre
- Northern Nigeria: N880 per litre
- Other Regions: N890 per litre
This pricing strategy reflects the refinery’s commitment to making fuel more affordable across Nigeria.
Industry experts suggest that this price reduction could influence market dynamics, potentially prompting other fuel marketers to adjust their prices to remain competitive. The move is expected to have a positive impact on transportation costs and the broader economy.
Consumers and stakeholders are encouraged to stay informed about further developments in fuel pricing and supply.
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