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Dangote Consortium Marketers Reduce Petrol Gantry Price to ₦1,215 Per Litre

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Dangote Petroleum Refinery

Marketers under the Dangote Refinery consortium have reduced their petrol gantry price to ₦1,215 per litre following a restructuring of the refinery’s direct distribution arrangement.

The price adjustment comes alongside a reduction in the number of participating marketers from 37 to 25 as part of the revised distribution structure.

Some of the major marketers retained under the arrangement include MRS, NNPC, A.A. Rano, Bovas, Ardova, Rainoil, Heyden, Total and Techno Oil.

The development is expected to influence petrol supply and pricing across the downstream petroleum market, although the actual impact on retail pump prices will depend on transportation costs, marketers’ margins and other distribution expenses.

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