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Dangote scraps dollar pricing strategy for local petrol
Dangote Group founder Aliko Dangote (second left), among dignitaries following proceedings during a session at the University of Nairobi on May 11, 2026, as part of the Africa Forward Summit 2026.
Photo credit: Wilfred Nyangaresi | Nation Media Group
What you need to know:
Nigeria's Dangote Petroleum Refinery has reversed its decision to sell fuel products to the local market in US dollars, the company said in a statement on Thursday, bringing relief to consumers who feared this could lead to shortages of fuel.
Dangote on July 14 cited difficulties sourcing sufficient crude under the government's naira-for-crude programme for its decision to sell in dollars.
