Nigerians are seeing the early benefits from Aliko Dangotes 20 billion refinery as petrol prices fall sharply across the country. Since the Dangote Refinery began producing Premium Motor Spirit PMS in September 2024, the cost of petrol has dropped more than 28 percent.
Data tracked by Billionaires.Africa shows that petrol, which sold for N1,030 0.71 per liter in September 2024, has fallen to N739 per liter by December 2025. The drop comes amid a broader easing of inflation with the National Bureau of Statistics NBS reporting headline inflation in November at 14.45 percent year-on-year down from 16.05 percent in October.
Dangote secures holiday fuel supply
