Dangote: List of Filling Stations To Buy Petrol Below N865 per Liter in Nigeria Emerge
- The Dangote petroleum refinery has slashed petrol prices below N865 per litre at its partner filling stations
- The new price coincides with the refinery’s launch of direct petrol distribution using CNG trucks.
- The price changes have triggered reactions from the Depot and Petroleum Products Marketers Association of Nigeria
Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Dangote Petroleum Refinery has announced that, starting today, Monday, September 15, new pump prices will take effect at its partner filling stations.
According to a statement published on X, the refinery said that petrol prices at partner filling stations in Lagos, Ogun, Oyo, Ondo, Osun, and Ekiti will be N841 per litre.
Source: Getty Images
This is a significant drop compared with the previous average price of N865 to N880 per litre before the adjustments.
While the petrol price in Abuja, Delta, Rivers, Edo, and Kwara will be N851 per litre, a drop from the N890 to N910 per litre it was sold previously.
Dangote added that the changes will not be limited to these states, and are planned to be rolled out to more states nationwide.
Dangote said:
“We are starting with the above-named states and will subsequently expand our operations into other states."
Here are the filling stations Nigerians can buy petrol right now at the new prices.
According to BusinessDay, Dangote refinery’s existing distribution network includes:
- MRS
- Heyden
- Ardova (AP)
- Hyde
- Optima
- Techno Oil
- TotalEnergies
The recently joined partners include:
- Garima Petroleum
- Sunbeth Energies
- Sobaz Nigeria Ltd.
- Virgin Forest Energy
- Sixxco Oil Ltd.
- N.U. Synergy Ltd.
- Soroman Nigeria Ltd.
- Jezco Oil Nigeria Ltd.
- Jengre
- Cocean
- Kifayat
- Triumph Golden
- Sifem Global
- Riquest
- Mamu Oil
- Others
Source: Getty Images
The refinery has urged more filling station owners to register and enjoy the free logistics offered.
In a statement, the refinery said:
"All petrol station owners nationwide are invited to register for free delivery and other benefits."
Dangote direct fuel supply
The drop in fuel prices come as one of the benefits of the Dangote refinery free direct distribution of petrol.
The reason the price drop is now nationwide is because of challenges in the procurement of 4,000 brand-new Compressed Natural Gas (CNG)-powered tankers for the initiative.
Reuters reports that the refinery has only taken possession of 1,000 trucks.
The refinery has also invested in CNG stations, commonly referred to as daughter booster stations, supported by a fleet of over 100 CNG tankers across the country to ensure seamless product distribution.
Benefits of Dangote CNG trucks plan
Dangote in an earlier statement revealed that the distribution is for marketers, petrol dealers, manufacturers, telecoms firms, aviation, and other large users across the country.
Part of the statement reads:
"In addition, the refinery will offer a credit facility to those purchasing a minimum of 500,000 litres allowing them to obtain an additional 500,000 litres on credit for two weeks, under bank guarantee."
NNPC petrol price at N865 per litre
Earlier, Legit.ng reported that the price of petrol at the Nigerian National Petroleum Company (NNPC) Limited, a state-owned oil company, has dropped.
The change in petrol prices reflects movements in international oil markets.
A breakdown of the latest petrol prices has been provided.
Source: Legit.ng
