Dangote Crashes Petrol Prices by N259 in Lagos, 11 Other States 

Africa’s richest man, Aliko Dangote, has confirmed that the Dangote Petroleum Refinery has cut petrol prices by N259 in the past year, as reported by Legit.

Speaking to journalists on Monday, September 15, to mark the refinery’s first anniversary, he also claimed that Nigeria’s decades-long fuel supply crisis has been stopped.

Dangote, who was also reacting to intense criticism from the National Union of Petroleum and Natural Gas Workers (NUPENG) and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), shared the impacts of his refinery.

According to him, the pump price, which stood at about N1,100 per litre last year, had dropped to N841 in the South West, Abuja, Delta, Rivers, Edo and Kwara states.

“Despite opposition and economic headwinds, the refinery has successfully reduced the price of petrol from nearly N1,100 before production began to N841. With the rollout of CNG-powered trucks, this price reduction will soon be felt nationwide.”

Culled from Legit.ng