Why retailers can’t immediately reduce petrol price after Dangote refinery cut

Samatha Klemp 04/02/2025 11:20

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the reduction in the Dangote refinery’s petrol price may not immediately impact consumers due to existing stock. Billy Gillis-Harris, president of PETROAN, spoke during an interview on Arise TV on Saturday. On Saturday, Dangote refinery reduced its ex-depot petrol price from N950

NigerianEye
The Petroleum Products Retail Outlet Owners Association of
Nigeria (PETROAN) says the reduction in the Dangote refinery’s petrol price may
not immediately impact consumers due to existing stock.

Billy Gillis-Harris, president of PETROAN, spoke during an
interview on Arise TV on Saturday.

On Saturday, Dangote refinery reduced its ex-depot petrol
price from N950 per litre to N890.

Why retailers can’t immediately reduce petrol price after Dangote refinery cut

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