Nigerians may be facing another wave of fuel scarcity as independent petroleum marketers threaten to halt operations nationwide, citing an inability to match the new ex-depot price set by the Dangote Refinery.
Following Dangote’s announcement of a ₦774 per litre ex-depot price, independent marketers have claimed this price leaves them with little to no profit margin after transportation and operating costs.
What This Means for You:
Potential Strike: Marketers are threatening to withdraw services in solidarity against the perceived monopoly and unsustainable pricing structure.
Panic Buying: Scarcity fears could drive long queues at filling stations across major cities.
Price Hike: Despite the refinery price drop, consumers might end up paying more at the pump if independent stations stop retailing the product.
: The Dangote ₦774 Battle: Why Your Local Filling Station Might Stay Closed Today
The Fact: Dangote Refinery officially slashed the price from ₦799 to ₦774 per litre on February 10, 2026.
The Problem: While Dangote is cheaper than imported fuel (which lands at ₦793), independent marketers (IPMAN) are struggling because Dangote ended the "lifting bonus" (incentives) on Feb 10.
The Conflict: Marketers claim they can't sell at the "expected" pump price because of transportation costs and high levies from the regulator (NMDPRA).
The "Juicy" Detail: Aliko Dangote has filed a petition with the EFCC against former regulator bosses, accusing them of sabotage.
The Call to Action: "Is your station selling at ₦774 or ₦1,200? Click here to report price cheats in your area."
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