- Aliko Dangote, highlighted the affordability of petrol in Nigeria.
- He noted that many Nigerians may not recognize how low fuel prices are compared to other regions.
- During the launch of the Deep Sea Port Access Road reconstruction in Lagos, he emphasized that petrol remains cheaper in Nigeria than in other West African countries.
Aliko Dangote, President of the Dangote Group, stated that many Nigerians don’t fully realize how affordable petrol is in the country compared to other regions.
At the launch of the Deep Sea Port Access Road reconstruction in Lagos, Dangote pointed out that fuel prices in Nigeria are still much cheaper than in other parts of West Africa, emphasizing that petrol is not expensive here.
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 about N1,600.”
Dangote also commended the recent improvements in fuel availability nationwide.
He mentioned that most petrol stations that were previously closed have now reopened, assuring that fuel queues are now a thing of the past.
“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 added.
These comments come as Nigerians continue to express frustration over fuel prices, which currently range from N800 to over N1,000 per litre.
However, according to Dangote, the situation is better than it appears, especially when compared to neighboring countries.
He further announced that the road leading to the Dangote Refinery has been named after President Bola Ahmed Tinubu, as a mark of gratitude for the government’s support.
