Dangote Refinery begins free fuel distribution Monday and cuts petrol price to ₦841 per litre in Lagos, sparking excitement among motorists.
In a bold move set to reshape Nigeria’s downstream oil market, Dangote Petroleum Refinery has announced the commencement of free fuel distribution starting Monday. This unprecedented initiative aims to ease the burden of high fuel costs on Nigerians while demonstrating the refinery’s production capacity and market readiness.
According to reports, the company will also slash petrol prices to ₦841 per litre in Lagos, a significant drop from prevailing pump prices. Analysts believe this development could trigger wider competition in the sector, ultimately benefiting consumers nationwide.
Industry stakeholders have welcomed the move, stating that it may force other marketers to adjust their prices to stay competitive. Many Nigerians see this as a major relief amid rising transportation and living costs.
The Dangote Refinery, which officially commenced operations earlier this year, has been described as a game-changer for Nigeria’s energy landscape. The free fuel distribution initiative and price cut are expected to accelerate the refinery’s integration into the retail market and build public confidence in its products.
As the program kicks off Monday, fuel stations across Lagos are expected to experience heavy turnout from motorists eager to take advantage of the reduced price and free distribution campaign.