Nigerian Filling Stations Cut Petrol to N1,205 as Dangote Lowers Gantry Price to N1,075
Updated
Updated · Daily Post Nigeria · Jul 4
Nigerian Filling Stations Cut Petrol to N1,205 as Dangote Lowers Gantry Price to N1,075
3 articles · Updated · Daily Post Nigeria · Jul 4
Summary
Nigerian filling stations in Abuja and nearby areas cut petrol prices to N1,205-N1,240 per litre from N1,300, with AA Rano, Ranoil and NIPCO among outlets adjusting rates.
Dangote Refinery triggered the latest move by reducing its petrol gantry price on Thursday to N1,075 per litre after crude prices fell to about $68 for WTI and $72 for Brent.
MRS and state-owned NNPCL had already lowered Abuja pump prices earlier to N1,191 and N1,210 per litre, showing the refinery cut was quickly filtering through retail markets.
Petrol prices still remain above N1,000 per litre, the level seen before the Middle East conflict pushed fuel costs higher across Nigeria.