The fierce price competition in Nigeria’s downstream oil sector intensified on Thursday as Dangote Refinery slashed its petrol loading price from N825 to N815 per litre at its loading gantry.This marks the third price reduction in 2025, following previous cuts on February 1 and February 26, signaling a strategic shift in the market.
This marks the third price reduction in 2025, following previous cuts on February 1 and February 26, signaling a strategic shift in the market.
The latest price adjustment has sent ripples through the industry. Oil marketers swiftly bypass private depot owners in favour of direct sourcing from the refinery, reshaping supply dynamics and fueling fresh competition in the sector.
More Details to Follow…
