Dangote Refinery: Some depot owners increase petrol price after hike crude cost  

Depot owners person raised their premium centrifugal tone ex-depot prices pursuing rising crude lipid prices and the Dangote Refinery’s resumption of refined merchandise income successful dollars.

Checks by DAILY POST showed that respective depot owners specified arsenic Sahara, Integrated, African Terminal, Emedab, and Ranoil person raised their prices to betwixt N1,125 and N1,175 per litre, up from betwixt N1,085 and N1,090 per litre.

This means that connected Tuesday, ex-depot prices climbed by N30 to N90 per litre depending connected the depot owners.

The Independent Petroleum Marketers Association of Nigeria had hinted to DAILY POST successful an interview of an impending petrol terms increase if the Nigerian authorities does not intervene successful the Dangote Refinery’s power to refined petroleum products’ merchantability successful dollars.

This comes aft a study emerged that Dangote Refinery had resumed selling petrol successful dollars astatine $0.779 per litre, which stood astatine N1075 per litre.

Crude lipid connected Tuesday surged to arsenic precocious arsenic $85 per tube for Brent crude arsenic the implicit four-month warfare betwixt Iran, the Uni...