There is apprehension among Nigerians and energy sector stakeholders as Dangote Refinery begins fuel distribution nationwide with its Compressed Natural Gas trucks, today, Monday, September 15, 2025,
During the weekend, hundreds of Dangote refinery’s trucks have already hit Nigerian roads from Lekki-Epe Expressway, Lagos State.
The $20 billion refinery had announced that it invested N720 billion to import 4,000 compressed natural gas trucks; however, reports had it that around 1000 have been delivered.
Dangote Group said the scheme is expected to bring down fuel retail prices and is projected to save the country N1.7 trillion annually in fuel distribution costs.
On Thursday, the firm announced a new fuel price template, putting the ex-depot price at N820 per litre and different retail prices across states between N841 and N851 per litre.
However, the scheme has created disruption and apprehension in Nigeria’s oil downstream sector.
News Update Abba Abubakar, son of former Vice President and 2023 Peoples Democratic Party presidential…
News Update PDP NWC Appoints Caretaker Committee in Delta, Enugu, Imo, Rivers and Osun States.…
News Update You are NOT paying 7.5% VAT on the money you transfer. The VAT…
News Update African football's governing body CAF, has imposed a 20,000 U.S. dollar fine and…
News Update Nigerian singer, Davido, has lost a $50,000 (₦75 million) bet after the Super…
News Update In its continuous drive to promote economic inclusion and self-reliance among…