Dangote Refinery reduces fuel, diesel prices

The Dangote Refinery, Africa’s largest privately‑owned oil‑processing complex in Lagos, Nigeria, began operating its 650,000‑barrel‑per‑day plant in 2023. By producing gasoline, diesel and jet fuel locally, the refinery cuts reliance on imported crude and refined products, which has helped lower wholesale and retail fuel and diesel prices across Nigeria, easing inflationary pressure and improving energy security. Views Nigeria