Saturday, October 24, 2026
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
  • Mails
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
  • Mails
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

Dangote Refinery lowers minimum petrol order to 250,000 litres

Ada Okafor by Ada Okafor
December 22, 2025
in Business
0
Dangote’ s Compressed Natural Gas distribution project gulps N720bn
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Dangote Petroleum Refinery has reduced the minimum purchase volume for petrol from 500,000 litres to 250,000 litres, a move expected to broaden access for small and mid-sized fuel marketers and deepen competition in Nigeria’s downstream oil sector.

The refinery said the adjustment allows more marketers to buy directly from its facility, while the gantry price remains unchanged at N699 per litre. The current price reflects a recent N129 reduction from N828 per litre implemented earlier in December 2025.

The announcement was made via the company’s official X account over the weekend. According to the refinery, both existing and new customers purchasing the reduced minimum volume are now eligible for a 10-day credit facility, provided the transaction is backed by a bank guarantee.

In addition, Dangote Refinery confirmed that volume-based discounts will continue to apply for buyers lifting larger quantities, while free delivery to petrol stations is expected to commence in the near term.

Industry analysts say the reduction in minimum order volume marks a significant shift in distribution strategy, making it easier for independent and regional marketers to participate without meeting the previous 500,000-litre threshold.

“This is a deliberate attempt to democratise access to locally refined petrol,” said Mr. Olatide Jeremiah, an energy analyst based in Lagos. “By lowering entry barriers, Dangote Refinery is strengthening competition at the wholesale level, which should translate to more price moderation at retail outlets.”

Observers also note that the move signals a gradual departure from the former coordinated bulk-purchasing or marketers’ consortium model, which had dominated petrol lifting arrangements in the past.

Instead, the refinery appears to be pushing toward a more decentralised, market-driven distribution framework.

Previous Post

Adebayo should re-contest 2027 presidency – Yusuf

Next Post

Trump recalls US Ambassador to Nigeria, 29 others

Next Post
34,289 Nigerians secured US citizenship from 2020-2022 – Report

Trump recalls US Ambassador to Nigeria, 29 others

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
National Emergencies: NCC, NEMA partner on early warning systems
Cover

Flood Disaster: 245 dead, 214,997 displaced as 673,350 people are affected in 28 states

by Hassan Tanko
October 23, 2026
0

The National Emergency Management Agency (NEMA) has disclosed that flooding affected 673,350 people across 134 local government areas in 28 states...

Read moreDetails
Interior minister suspends 20 NSCDC officers over death of 37 miners in custody

Niger Miner Deaths: ‘Why I didn’t open cell gate despite hearing screams’, NSCDC officer tells probe panel

October 23, 2026
Some ministers paid billions to secure appointments, APC Campaign spokesman alleges

States get 85% of federation resources, FG gets just 15%, says Finance Minister

October 23, 2026
Some ministers paid billions to secure appointments, APC Campaign spokesman alleges

Some ministers paid billions to secure appointments, APC Campaign spokesman alleges

October 23, 2026

Globacom concludes 2026 Ofala Festival with royal banquet  

October 23, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng