Aliko Dangote's refinery cuts petrol and diesel prices again as crude markets ease
Billionaires Africa | 01.06.2026 19:51
Aliko Dangote's refinery cut ex-depot petrol and diesel prices on May 30, the second reduction in a week, as the Nigerian industrialist deepens his price-leadership posture across the country's downstream market. Under the latest adjustment, premium motor spirit dropped to ₦1,250 per liter from ₦1,275, while automotive gas oil fell to ₦1,700 per liter from ₦1,800. The cuts extend a multi-week pattern of reductions as global crude prices retreat from earlier highs.
