N899.50 to N950: Dangote Refinery Caps Petrol Price Increase at 5%, Absorbs 50% of Costs Despite 15% Global Oil Price Surge

Dangote Petroleum Refinery has clarified that the recent adjustment in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, is a direct response to the significant rise in global crude oil prices. With crude oil serving as…

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