💬 Discuss💰 Money Matters
💎MajorDangote drops petrol price by N50, but who is actually smiling?
M
4 months ago
The billionaire’s refinery cut its depot price to N1,125 per litre, citing cheaper crude, but after two years of subsidy removal that has more than quintupled fuel costs, a N50 reduction is like pouring a cup of water into the Atlantic. Bus drivers in Oshodi say they feel nothing, and market women know that when prices climbed, everything climbed with them, but when they drop a little, nothing follows. So here is the real question: will this price cut ever reach the pump, or is it just another headline that leaves your wallet exactly where it was?
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