Tags: fuel prices

0 Comment , , ,
How Dangote Refinery Keeps Nigeria’s Petrol Prices Among World’s Lowest

Nigeria has retained one of the lowest petrol prices globally despite recent increases driven by geopolitical tensions in the Middle East, with industry data pointing to the stabilising role of Dangote Petroleum Refinery & Petrochemicals in cushioning the domestic market. According to GlobalPetrolPrices.com, petrol in Nigeria currently averages $0.88 (N1,191.39) per litre, significantly below the…

Read the rest of this entry

0 Comment , , ,
Nigeria Will Save N1.7 Trillion from Dangote’s N720 Billion Investment on 4,000 CNG Trucks

Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion annually in fuel distribution costs.…

Read the rest of this entry