Dangote Refinery has stated that its petrol pricing does not follow daily movements in crude oil benchmarks.
The clarification addresses market expectations regarding how quickly global crude fluctuations are passed through to retail fuel costs in Nigeria.
The operator's position suggests a structural decoupling between international crude prices and local pump prices.
By not tracking daily crude movements, the refinery implies that its pricing model incorporates longer-term cost averaging, operational margins, or regulatory constraints that buffer immediate volatility.
This approach contrasts with markets where fuel prices adjust almost instantaneously to changes in Brent or WTI crude.
The statement comes as Nigeria continues to navigate its energy transition and domestic fuel subsidy reforms.