SEO Riders:
– FDC report highlights Dangote’s pricing and CNG distribution model as inflation savers.
– Uniform petrol pricing + 4,000 CNG trucks could cut logistics costs and aid 42 million MSMEs.
– CBN and analysts praise refinery’s role in reducing transport costs and easing forex pressure.
Financial Derivatives Company (FDC), the think tank affiliated with Lagos Business School, has identified the Dangote Petroleum Refinery as critical to Nigeria’s inflation-fighting efforts. Their July briefing highlights how the refinery’s uniform pricing policy, combined with credit support for marketers and deployment of 4,000 CNG-fueled tankers, will slash logistics costs by billions—potentially saving SMEs and consumers up to ₦1.7 trillion annually. These measures could also spark a broader wave of private investment in the downstream sector.
The Central Bank of Nigeria (CBN) echoes this optimism, projecting that local refining and fuel distribution from Dangote will reduce foreign exchange demand, lower transport costs, and ease food-inflation pressures. Experts stress that the arrangement is shifting power away from middlemen and dismantling structural inefficiencies in the supply chain . While some caution it isn’t a cure-all—given food prices remain a core driver—most agree it marks a strategic breakthrough in reducing import dependence and improving economic stability.
