SEO Riders:
– Dangote refinery cuts petrol price to ₦820/litre
– Ex-depot petrol cost reduction by ₦30 from Dangote
– Dangote signals operational stability with cleaner distribution
The Dangote Petroleum Refinery announced a ₦30 reduction in the ex-depot (gantry) price of Premium Motor Spirit (petrol), lowering costs from ₦850 to ₦820 per litre, effective 12 August 2025. This move underscores the refinery’s commitment to easing energy costs for Nigerians and providing consistent supply amidst global oil price shifts.
Operational & Strategic Highlights: The company reaffirmed its dedication to national development and price stability, even as global crude prices fluctuate.
As part of its sustainable distribution strategy, the refinery is set to launch a fleet of 4,000 CNG-powered trucks for phased nationwide fuel delivery, starting 15 August 2025.
The Nigeria Labour Congress (NLC) praised the price cut as a strategic win—highlighting how the refinery bridges fuel supply gaps, boosts employment, and strengthens public trust in domestic industrial capacity.
– Upstream, Brent crude prices moderated on the announcement day, aligning with the refinery’s cost adjustments.
