Economy

Dangote Refinery Reduces Petrol Price Per Litre

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The Dangote Group has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, to N970 per litre for marketers. This represents a N20 decrease from the previous price of N990 per litre.

The Group’s spokesperson, Anthony Chiejina, revealed this development in a statement, emphasizing the company’s commitment to quality and its appreciation for public and government support.

“Dangote Petroleum Refinery has reduced the prevailing price of its Premium Motor Spirit from N990/litre to N970/litre for marketers,” the statement read.

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As the year approaches its end, the company described this move as a gesture of gratitude to Nigerians for their unwavering support in making the refinery project a success. Chiejina also assured the public of continued production to meet and exceed domestic fuel consumption, addressing any concerns about supply shortages.

The spokesperson reaffirmed the company’s dedication to delivering high-quality, environmentally friendly, and sustainable petroleum products.

This price reduction follows an agreement between the Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria for direct fuel purchases.

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Currently, petrol prices at filling stations across Nigeria range from N1,060 to N1,115 per litre.

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16 Comments

  • I dont buy it! Dangotes refinery reducing petrol price? Sounds too good to be true. Whats the catch? 🤔

  • I dont buy it! Dangote reducing petrol prices? Sounds too good to be true. Whats the catch? Greed or goodwill?

  • I dont buy it! Dangote is just trying to distract us from bigger issues. Whats the real agenda here?

  • This is just a temporary gimmick to distract us from bigger issues. Dont fall for it! Stay woke, people.

  • I dont buy it! Dangote Refinery reducing petrol prices? Sounds like a PR stunt to me. Lets see the long-term impact.

  • Is Dangote manipulating the market by reducing petrol prices? Could this be a strategic move to gain more control? 🤔

  • I dont trust this price drop. It feels like a PR stunt to distract us from bigger issues. What do you think?

  • Im not convinced. Lower petrol prices at Dangote Refinery may just be a short-term tactic. Lets see if it lasts.

  • I dont buy into the hype. Lower petrol prices might just be a ploy to increase sales elsewhere. Stay woke, people!

  • I dont buy it! Lower petrol prices at Dangote Refinery? Sounds fishy to me. Whats the real agenda here?

  • I dont buy it! Lower petrol prices at Dangote Refinery? Sounds too good to be true. Lets see the catch.

  • I dont buy it! Dangotes refinery price drop seems fishy. Whats the catch? Lets dig deeper into this headline.

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