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Dangote Refinery Moves Local Fuel Pricing to Dollars as Crude Supply Falls Short

Investors King Jul 15, 2026 · 12:02 WAT
Dangote Petroleum Refinery has transitioned its domestic pricing for petrol, diesel, and aviation fuel to US dollars. This pricing shift follows difficulties in securing sufficient domestic crude oil supplies through the federal government's naira-for-crude initiative, intensifying foreign exchange demands on local fuel marketers.
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