Vanguard News·3 min read·medium

Petrol depot prices drop as marketers slash rates by up to N23/litre

U
Urowayino Jeremiah
Petrol depot prices drop as marketers slash rates by up to N23/litre
AI Summary

Petrol depot prices have significantly dropped across major supply centers in Nigeria, with marketers implementing cuts of up to N23 per litre. This decline is attributed to increased competition in the downstream petroleum market, boosted by domestic supply from Dangote Refinery and activities of other marketers.

Petrol depot prices declined across major supply centres yesterday as marketers implemented fresh price cuts, signalling increased competition in the downstream petroleum market.

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