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A fresh price war has broken out in Nigeria’s downstream oil sector as petrol marketers slashed pump prices by up to ₦100 per litre following recent price cuts by the Dangote Refinery, Peak Newspaper reports. The move is aimed at staying competitive amid increased supply of cheaper refined fuel, with consumers already seeing lower prices […]
A fresh price war has broken out in Nigeria’s downstream oil sector as petrol marketers slashed pump prices by up to ₦100 per litre following recent price cuts by the Dangote Refinery, Peak Newspaper reports.
The move is aimed at staying competitive amid increased supply of cheaper refined fuel, with consumers already seeing lower prices at several filling stations.
Industry watchers say the development could further reshape fuel pricing dynamics if the competition persists.
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