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Dangote Refinery Spurs Petrol Price Competition

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Mar 17, 2025 - 14:49
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Dangote Refinery Spurs Petrol Price Competition




Dangote Refinery Spurs Petrol Price Competition

 Aliko Dangote’s new 650,000-barrel-a-day refinery has initiated a price war in Nigeria's downstream oil industry by reducing petrol prices for distributors. 

This move forced the state-owned NNPC to follow suit, leading to petrol prices in Lagos dropping to N860 per liter.

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