{"id":165285,"date":"2025-06-02T10:41:39","date_gmt":"2025-06-02T09:41:39","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerias-petrol-price-55-percent-below-west-african-average"},"modified":"2025-06-02T11:47:32","modified_gmt":"2025-06-02T10:47:32","slug":"nigerias-petrol-price-55-percent-below-west-african-average","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average","title":{"rendered":"Nigeria\u2019s petrol price 55 percent below West African average"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>President of Dangote Refinery, Aliko Dangote, has said that with the 650,000 barrels per day refinery price cuts, Nigeria\u2019s premium motor spirit price is now 55 percent below the West African average fuel pump price.<\/p>\n<p>The richest African disclosed this in a statement on Sunday after a high-level delegation led by the President of the Economic Community of West African States Commission, Dr. Omar Touray, visited his refinery.<\/p>\n<p>According to him, Nigerians are enjoying the benefits of local refining amid petrol price reduction compared to neighbouring countries.<\/p>\n<p>This comes as Dangote stressed the need for the region to drift away from fuel imports to embrace local production.<\/p>\n<p>\u201cIn neighbouring countries, the average price of petrol is around $1 per litre, which is N1,600.<\/p>\n<p>\u201cBut here at our refinery, we\u2019re selling at between N815 and N820. Many Nigerians don\u2019t realise that they are currently paying just 55 percent of what others in the region are paying for petrol,\u201d he stated.<\/p>\n<p>On his part, Touray lauded Dangote for the trust reposed on the continent by building the refinery.<\/p>\n<p>\u201cWe congratulate Alhaji Dangote for this trust in Africa because I think you do this only when you have the trust, and he has a vision for Africa, and this is what we should all work to encourage,\u201d Touray was quoted in the statement.<\/p>\n<p>Dangote Refinery\u2019s latest price reduction in May 2025 brought down retail prices to N875 and 895 per litre in Lagos and Abuja.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. President of Dangote Refinery, Aliko Dangote, has said that with the 650,000 barrels per day refinery price cuts, Nigeria\u2019s premium motor spirit price is now 55 percent below the West African average fuel pump price. The richest African disclosed this in a statement on Sunday after a high-level delegation led by the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":165284,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1233,254,8183],"class_list":["post-165285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-dangote","tag-nigeria","tag-petrol-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria\u2019s petrol price 55 percent below West African average - Nigeria<\/title>\n<meta name=\"description\" content=\"President of Dangote Refinery, Aliko Dangote, has said that with the 650,000 barrels per day refinery price cuts, Nigeri ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s petrol price 55 percent below West African average\" \/>\n<meta property=\"og:description\" content=\"President of Dangote Refinery, Aliko Dangote, has said that with the 650,000 barrels per day refinery price cuts, Nigeri ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-02T09:41:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-02T10:47:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1748848707.162264.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria\u2019s petrol price 55 percent below West African average\",\"datePublished\":\"2025-06-02T09:41:39+00:00\",\"dateModified\":\"2025-06-02T10:47:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average\"},\"wordCount\":261,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1748848707.162264.jpg\",\"keywords\":[\"Dangote\",\"Nigeria\",\"Petrol price\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/nigerias-petrol-price-55-percent-below-west-african-average\",\"name\":\"Nigeria\u2019s petrol price 55 percent below West African average - 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