By Gwurld4026 
Fuel Prices Drop Again at Dangote Refinery
The Dangote Refinery has recently reduced its ex-depot petrol price from N825 to N815 per litre, marking its third price reduction in 2025. This strategic move has intensified competition within Nigeria’s downstream oil sector, prompting oil marketers to source products directly from the refinery, thereby bypassing private depot owners.
The refinery’s series of price cuts—from N950 to N890 per litre in January, then to N825 in February, and now to N815—reflects its commitment to providing economic relief to Nigerians and supporting the government’s policies. These reductions have sparked a price war, compelling other major players, including the Nigerian National Petroleum Company Limited (NNPCL), to adjust their pricing strategies to maintain market share.
While these price adjustments have led to increased competition and potentially lower prices for consumers, they have also resulted in financial losses for the refinery. Reports indicate that Dangote Refinery incurred a loss of N32 billion following a previous petrol price reduction. Despite these challenges, the refinery continues to implement price cuts, aiming to stabilize the market and ensure a steady fuel supply for Nigerians.
The ongoing price war between Dangote Refinery and NNPCL has led to a decrease in petrol prices, offering relief to Nigerian consumers.