JUST IN: Dangote Refinery Petrol May Sell for N857 to N865 Per Litre

There are emerging reports that petrol refined at the Dangote Refinery could be priced between N857 and N865 per litre when it reaches the market. This price range is expected to reflect the current market realities, as revealed by sources familiar with the ongoing developments.

The Dangote Refinery, a mega project set to transform Nigeria’s oil sector, has raised hopes of local production, but it seems that the anticipated price for its refined petrol will remain high, comparable to current import prices. The refinery, once fully operational, is expected to reduce Nigeria’s dependence on imported refined petroleum products.

As the government continues to explore options for reducing the cost of petrol, the high prices projected for Dangote’s refinery output could lead to public concern, especially amidst growing inflation and economic pressure on citizens.

More updates will be provided as the situation unfolds.

Source: Vanguard