26.7 C
Lagos
Monday, January 26, 2026
Header1
Home Business Dangote partners move to N739/litre petrol as price-cut campaign widens

Dangote partners move to N739/litre petrol as price-cut campaign widens

0
90
Article1

2025-12-15 08:00:00

According to The Punch, partners of the Dangote Petroleum Refinery including MRS are set to begin retailing petrol around ₦739 per litre, following a reduction in the refinery’s ex-depot price and renewed pressure to reflect lower costs at the pump.

Inline1

The report says Aliko Dangote argued that some outlets keep prices elevated even after gantry cuts, and that the refinery will push supply and enforcement—starting with partner stations—to make the new pricing regime visible to consumers.

Punch also reports Dangote raised concerns about the issuance of import licences and warned that continued large-scale imports could undercut local refining investments, especially as refineries scale output into 2026.

Analysis/Echotitbits take: If the pump price resets stick, it will test how quickly pricing transmits from depot to retail and how regulators manage imports versus local supply. Watch for independent marketers’ adoption rate, regional pricing gaps, and any policy moves on import licences or crude allocation.

Source: The Punch — December 15, 2025

The Punch https://punchng.com/dangote-names-n739-as-new-petrol-pump-price/ December 15, 2025

Adbottom1