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Dangote Refinery cut its ex-depot petrol price by N50 per litre, from N1,215 to N1,165, effective August 6Most filling stations across Nigeria continued selling petrol between N1,240 and N1,260 per litre despite the reductionMotorists and transport workers are calling on regulators to step in and force fuel retailers to pass the savings to consumers
Fuel retailers across Nigeria have declined to lower their pump prices following Dangote Petroleum Refinery’s decision to cut its ex-depot price of petrol by N50 per litre, leaving motorists to bear the full cost of the previous rate.
The refinery announced the reduction on Thursday, August 6, bringing the price of Premium Motor Spirit down from N1,215 to N1,165 per litre. Dangote also cut its diesel price by N80 per litre, moving it from N1,650 to N1,570.
MRS, AP, others keep prices high despite Dangote’s N50 rate slashSource: Getty Images
Despite the adjustment, checks at filling stations showed that the
