{
  "id": 9102912,
  "title": "Dangote Refinery: Fuel marketers mull petrol price cut as FG meets stakeholders",
  "url": "https://urgent.news/2026/09/22/dangote-refinery-fuel-marketers-mull-petrol-price-cut-as-fg-meets",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-22T07:04:27.000Z",
  "source": {
    "name": "Daily Post Nigeria",
    "slug": "daily-post-nigeria",
    "url": "https://dailypost.ng/2026/09/22/dangote-refinery-fuel-marketers-mull-petrol-price-cut-as-fg-meets-stakeholders/"
  },
  "original_language": "en",
  "account": "The Nigerian Federal Government has announced plans for a consultative meeting with fuel refiners, depot owners, marketers, and retailers to discuss the competitive pricing of fuel and other petroleum products. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) reminded stakeholders of the scheduled meeting for Tuesday, as required by the Petroleum Industry Act and the Federal Competition and Consumer Protection Act. As fuel pump prices surged to between N1,395 and N1,450 per litre in Abuja and other regions, falling global crude oil prices have caused Brent and West Texas Intermediate (WTI) crude oil to drop by more than 3 percent to $100.50 and $92.43 per barrel, respectively. Dangote Refinery responded to the price drop by reducing its gantry price to N1,325 per litre, ending a two-week increase in fuel prices. The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) president, Billy Gillis-Harry, stated that stakeholders would consider reducing fuel prices at the meeting, but emphasized that the N500 per litre fuel price demanded by the civil servants' union is impractical.",
  "summary": "The Federal Government on Monday announced plans to hold a consultative meeting with refiners, depot owners, marketers and retailers to find common ground on the competitive pricing of fuel and other petroleum products in the interest of Nigerians. The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, in a notice by its spokesperson, George Ita-Ene, reminded stakeholders…",
  "key_points": [
    "Nigerian government plans consultative meeting with fuel stakeholders on Tuesday",
    "Global crude oil prices drop over 3%, Brent and WTI down more than 3%",
    "Dangote Refinery reduces gantry price to N1,325 per litre, ending price increase"
  ],
  "editors_take": "The government's plan to discuss competitive fuel pricing with stakeholders, coupled with falling global crude oil prices, suggests that fuel marketers may soon lower petrol prices to stay competitive.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}