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DANGOTE DETERMINE TO BRING DOWN PETROLEUM PUMP PRICE

Oil magnate Aliko Dangote has decided to distribute petrol and diesel directly to filling stations free of charge all over the nation to reduce the pump price.

 

The development has sent jitters all over the market as this is seen as a threat to oil marketers who had been benefiting from a manipulation of oil prices in the past and who have been struggling to keep up the price of petroleum for their profits.

This move will signal a change for the better in respect of consumers' convenience in the industry, which is expected will benefit from the decision, but will signal a lot of loss to marketers.

 

The date for the takeoff of the program is Aug.15th, 2025. The new Dangote delivery service is expected to involve 4000 trucks and another set of trucks for gas.

 

All the trucks are expected to be CNG-powered. This development is expected to be a game-changer in the industry as everyone now has direct access to fuel. 

Published in Business
Last modified on Friday, 20 June 2025 10:09
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Kayode Olorundare

Governor Aiyedatiwa of itOndo is expected to be declared as the winner of the 2024 gubernatorial election in Ondo. In the ruling expected on Wednesday the tribunal' judgment is being expected.

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