Despite requests for transparency, Dangote Refinery has not publicly disclosed its petrol prices.
In response, marketers expressed plans to import petrol and sell it below Dangote’s refinery prices as well as those of the Nigerian National Petroleum Company Limited (NNPCL).
Data from the Major Oil Marketers Association of Nigeria revealed that as of October 31, 2024, the landing cost of petrol stood at N978.01 per litre. Diesel and aviation fuel had landing costs of N1,069.97 and N1,119.67 per litre, respectively. Landing costs represent the unit prices of imported fuels upon arrival in Nigeria.
Despite requests for transparency, Dangote Refinery has not publicly disclosed its petrol prices. …CONTINUE READING
