Filling Stations Reduce Fuel Price As Dangote, Marketers Strike Deal [Video]

• Petroleum marketers have reached an agreement with the Dangote refinery on the supply of petrol
• The agreement between marketers and Dangote is set to assure that there will be no scarcity of petrol during the yuletide period
• The development is coming as filling stations make adjustments to their pump prices across the country

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has finalised an agreement with the Dangote Petroleum Refinery to directly lift petroleum products for distribution to depots and retail outlets nationwide.

Dangote, marketers reach agreement

Punch reports that Joseph Obele, PETROAN’s national public relations officer, confirmed the agreement in a statement.

Obele explained that the deal sealed with Dangote Refinery was the aftermath of a successful buyer-seller …