Nigeria energy

Dangote Refinery Cuts Petrol Price to ₦840 as Global Oil Crash Hits Nigerian Market

IDNN
The Dangote petrol price ₦840 reduction has rippled across Nigeria’s downstream sector after global crude prices plunged to $62 per barrel. Major depots including AIPEC and NIPCO have matched the new gantry price, sparking fresh debate about pump-price relief and market stability as OPEC+ maintains its production pause into early 2026....

Dangote Declares End to Nigeria’s 50-Year Battle with Fuel Queues

IDNN
Aliko Dangote says Nigeria’s five-decade struggle with petrol scarcity has ended following one year of operations at his 650,000-bpd refinery. At an anniversary briefing, he said pump prices had dropped to ₦841 per litre, while 4,000 new CNG trucks will cut costs and create 24,000 jobs. Dangote vowed to expand capacity to 700,000 barrels daily....

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