FILLING STATIONS ADJUST FUEL PRICE AS MARKETERS LOAD FROM DANGOTE REFINERY

Fuel prices at filling stations in Nigeria have recently been adjusted, with some locations now selling petrol for around 1,200 Naira per liter, reflecting purchases from the Dangote Refinery. This change comes as independent marketers begin lifting fuel under an agreement that initially made the Nigerian National Petroleum Company Limited (NNPCL) the sole buyer from Dangote’s refinery. The partial deregulation of the sector now allows for more flexibility, but marketers still face challenges accessing fuel independently and at competitive prices. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called for full access to the refinery’s output and is considering direct imports to counter price pressures. Observers are also requesting clearer pricing frameworks for transparency in the distribution of Dangote’s refined fuel.