Petrol Price Reduction in Nigeria Brings Relief to Motorists Nigerians have begun to experience a slight reduction in fuel costs as several filling stations in Lagos and Ogun states now sell petrol below ₦1,300 per litre following a fresh price cut by the Dangote Petroleum Refinery.
The Nigerian government has suspended gasoline import licences as part of its ongoing enforcement of the Petroleum Industry Act (PIA). The move is aimed at encouraging local refining and energy independence, reducing reliance on imported fuel, and addressing recurring fuel shortages in the country. Strengthening Domestic Refineries This policy is expected to









