Dangote refinery reduces petrol price to N970 for marketers

Mon, Nov 25, 2024
By editor
2 MIN READ

Oil & Gas

THE Dangote Refinery on Sunday announced reductions in the price of petrol.

The petrol, which was sold at N990 per litre, has now been reduced to N970 per litre for marketers lifting the products from its refinery.

Anthony Chiejina, Dangote Group Chief Branding and Communications Officer, announced the price reduction in a statement in Lagos.

He said the move was to appreciate the good people of Nigeria for their unwavering support in making the Refinery a dream come true.

“Dangote Petroleum Refinery has effected a reduction in the prevailing price of its Premium Motor Spirit (PMS) from N990/litre to N970/litre for the marketers.

“As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true.

“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being.

“While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply,” Chiejina said. (NAN)

A.I

Nov. 25, 2024

Tags:


Ministers, oil industry leaders to converge at 13th Practical Nigerian Content conference 

A long list of oil industry leaders, ministers of the federal republic, national assembly members, as well as oil and...

Read More
OPEC daily basket price stood at $73.32 a barrel Thursday

THE price of OPEC basket of 12 crudes stood at $73.32 a barrel on Thursday, November 21, 2024, compared with $73.05 the...

Read More
OPEC Fund first sustainability-linked financing to boost agriculture in Africa

THE OPEC Fund for International Development (the OPEC Fund) has signed a US$40 million loan as part of a US$394...

Read More