Dangote Refinery slashes diesel price by ₦80/litre to ₦1,700, undercutting imported AGO

Dangote Refinery cut its diesel (AGO) gantry price to ₦1,700 per litre from ₦1,780, effective Wednesday, October 7. This makes it between ₦75 and ₦85 cheaper than imported AGO, according to the refinery's new price template made available to customers. The reduction takes effect immediately at all Dangote outlets nationwide.

This price drop directly impacts transportation costs and the cost of goods across Nigeria, as diesel fuels trucks, generators, and industrial machinery nationwide. With diesel being a major cost component for businesses and households, consumers may see lower transport fares or reduced prices for essential items as the cheaper fuel circulates through the economy.

Will you notice this change in your daily expenses - perhaps through lower bus fares, cheaper market goods, or reduced generator fuel costs - and how will it affect your monthly budget?

SOURCE: https://dailypost.ng/2026/10/08/nigerian-newspapers-10-things-you-need-to-know-thursday-morning-146/