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Dangote Refinery reviews fuel pricing strategy amid declining depot prices and rising competitionFalling global crude oil prices create potential for lower petrol and diesel costs in NigeriaPrice cuts from Dangote could reshape fuel pricing and benefit consumers nationwide
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Motorists and businesses across Nigeria could soon see another reduction in petrol prices as Dangote Petroleum Refinery is reportedly reviewing its fuel pricing strategy following a fresh decline in depot prices and intensifying competition in the downstream oil market.
Industry sources say the refinery is assessing prevailing market conditions and may adjust its ex-depot prices for petrol and diesel in response to changing market dynamics.
Nigerians brace up as Dangote Refinery eyes fresh petrol price cut. Credit: Bloomberg/ContributorSource: Facebook
Although no official announcement has been made, stakeholders believe a review is under active consideration.
If implemented, another price
