Despite the ex-depot petrol price reduction by the Dangote Petroleum Refinery on Monday, many marketers have continued to sell at the old high price
Their reasons for not adjusting their pump prices, according to them, is because they could run into losses.
According to them, dropping their pump prices would not be possible unless they exhaust the product purchased at prices around N900 per litre.
Recall on Monday, the Dangote refinery had reduced the ex-depot petrol price from N880 to N840 per litre.
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