Nigeria’s downstream oil sector deregulation has sparked a gradual decline in petrol prices, presenting new opportunities for businesses and consumers. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and major oil marketers, this shift could drive increased market competition, optimize supply chains, and reduce costs for end-users. This development comes as the Nigerian…
The Nigerian National Petroleum Company Limited (NNPCL) has released the petrol pricing details from the Dangote refinery at its retail stations across various states in Nigeria. In a social media post on Monday, the NNPC said the estimated pump price is based on prices set by the Dangote refinery for its petroleum products. According to…
Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, and N980 per litre respectively. This is coming at the wake of its widely celebrated price reduction to N1,000 barely two weeks ago. The price change of N940 is applicable to customers buying five million…
The Dangote Petroleum Refinery, on Monday, announced its readiness to commence production of refined petroleum products as it received the 6th batch of one million barrels of crude oil required by the plant for its initial operations. “Dangote refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch…
