Nigerian petrol retailers reduce fuel price cheaper than Dangote’s rate
Petrol retailers across Nigeria have reduced pump prices, selling fuel at rates lower than the price offered by the Dangote Refinery. The price cut is being driven by competition among marketers who are trying to attract more customers as fuel supply improves in many parts of the country. Some independent marketers said the decision to […]
Why retailers, marketers dump Dangote Refinery petrol for import – Stakeholders
Even though Dangote Refinery and other local refineries are producing petrol, Nigeria still imports fuel. Stakeholders in the petroleum industry say this is due to price competition, supply gaps, and concerns over monopoly. The President of the Petroleum Products Retail Outlet Owners Association, Billy Gillis-Harry, and the Chairman of the Major Marketers Association of Nigeria, […]