African billionaire and businessman, Aliko Dangote, has put smiles on the faces of many Nigerians following a recent announcement he made regarding the price of fuel in the country.
While fuel prices have remained a major topic of discussion among Nigerians, the narrative changed on December 15, 2025, when Dangote announced that the price of petrol would be reduced and sold at ₦739 per litre in the coming days.
In a statement published by Channels TV, Dangote confirmed the new price, saying
Starting from Tuesday, MRS will start selling petrol at ₦739 per litre. Definitely, we will enforce that low price.
We will make sure that it’s implemented. If you have your truck, you can come here and buy it.
He added
We are selling at ₦699. The ₦699 includes the percentage of NMDPRA. So what actually comes out to us is about ₦389 or so
Days after the announcement, several individuals have confirmed buying fuel at the stated price.
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