Nigerians may face another wave of fuel shortages as independent oil marketers threaten to halt operations across the country, citing an inability to match new ex-depot prices set by the Dangote refinery.
Dangote announced ₦774 per liter Independent marketers claim the price leaves them with virtually no profit margin after shipping and operating costs.
What this means for you:
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Potential hits: Marketers threaten to withdraw services in solidarity with monopolies and unsustainable pricing structures.
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Snap up: Fears of scarcity could lead to long lines at gas stations in major cities.
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Price increase: Despite lower refinery prices, consumers could end up paying more at the pump if independent gas stations stop retailing the product.
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: Battle of Dangote ₦774: Why your local gas station may be closed today
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fact: Dangote refinery officially cuts prices ₦799 to ₦774 per liter on February 10, 2026.
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question: Although Dangote is cheaper than imported fuel (imported fuel costs £793), independent marketers (IPMAN) are in trouble as Dangote ends “Boost bonus” (Award) February 10th.
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conflict: Marketers claimed that they were unable to sell at the “intended” retail price due to transportation costs and high levies from the regulatory agency (NMDPRA).
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“Juicy” details: Aliko Dangote has submitted european federal financial commission against former regulator bosses, accusing them of sabotage.
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Call to action: “Is your radio selling for £774 or £1,200? Click here to report price gouging in your area.”
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