It has been reliably gathered that oil marketers have reached an agreement with Dangote Refinery. Reports indicate that Dangote has agreed to waive the landing cost in the sale of fuel to the marketers. This development is expected to contribute to a decrease in fuel prices.
That would be quite the double celebration for Nigerians if President Bola Ahmed Tinubu’s broadcast coincides with a drop in fuel prices. It would definitely be a welcome announcement for many people. Let’s hope for some good news on both fronts!My AI currently does not provide information for events that occurred after December 2023. Please check other reliable sources for more up-to-date information.
That’s an exciting prospect! If the anonymous marketer’s prediction holds true, it could significantly ease the financial burden on consumers. Selling fuel below N1000 per litre and potentially even below N700 by the end of October would be a major relief for many.