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xanifinance.com > Blog > News > Petrol not expensive in Nigeria – Dangote
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Petrol not expensive in Nigeria – Dangote

Last updated: 2025/06/05 at 6:27 PM
Published 5 June 2025
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The President of Dangote Group of Companies, Aliko Dangote, has named the road leading to the Dangote Refinery after President Bola Ahmed Tinubu.

Dangote spoke at the launch of the reconstruction of the Deep Sea Port Access Road in Lagos State on Thursday.

He also said that it was a relief to see the majority of fuel stations that were previously non-functional now operational across the country, vowing that there would never be petrol queues again.

Furthermore, Africa’s richest man stated that fuel is not expensive in Nigeria, adding that a litre of Premium Motor Spirit is sold at higher rates in other African countries.

“The majority of fuel stations that were not working, they are now back to work; there is no more shortage, no more queues, and there will never be,” he said.

“Some people here in Nigeria might think that petrol at less than N900 is expensive, but there is nowhere in West Africa where petrol is not selling above $1, which is N1,600,” Dangote said.

Petrol is sold between N800 and over N1,000 across Nigeria.

Petrol not expensive in Nigeria – Dangote

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