Dangote Refinery has clarified that the recent reduction in petrol pump prices was triggered solely by its downward adjustment of ex-depot prices on 6 November, not by the temporary suspension of the 15 per cent import tariff.
The Refinery made its clarification in a statement released on Monday,
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Faith Esifiho
Faith Esifiho is an Energy correspondent at BusinessDay, covering Nigeria's electricity sector, oil and gas industry, and energy policy.
She reports on power outages, electricity tariffs, gas sector reforms, and the broader challenges facing the country's energy transition.
She specializes in data-led reporting and human-angle stories that examine how energy policies affect everyday Nigerians and also tracks trends in the power sector, analyses regulatory changes, and investigates the impact of subsidy reforms and pricing policies.