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Dangote Refinery has halted petrol loading for five consecutive days, pushing marketers to seek alternative supply sourcesHeavy truck congestion hit the Coconut, Dockyard and Satellite Town depot corridors in Lagos as marketers scrambled for stockIndustry operators warned that wholesale petrol prices could rise when Dangote Refinery eventually resumes loading operations
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Petroleum marketers across Lagos have flooded private depots with fuel-loading trucks after Dangote Petroleum Refinery suspended product dispatch for a fifth consecutive day, raising fears of an upward price shift once operations resume.
The refinery, now Nigeria’s largest single loading hub for petroleum products, has not given marketers a clear timeline for when loading will restart or what ex-depot prices will look like upon resumption.
New petrol prices emerge as marketers seek alternatives at private depots. Credit: NovatisSource: UGC
Why marketers are rushing private depots
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