Dangote Petroleum Refinery & Petrochemicals has lowered its petrol prices, setting the gantry rate at N1,200 per litre and the coastal price at N1,153 per litre. The price adjustment comes against the backdrop of ongoing tensions in the Middle East, which continue to impact global oil markets.

This downward revision in pricing is expected to affect fuel supply costs across the distribution chain, including depots and retail outlets.