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.

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.

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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.

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

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25 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.

  • Wow, can we trust this price drop or is it just a temporary strategy to win over consumers? Curious to see how it plays out!

  • Reduced petrol prices at Dangote Refinery? Great for consumers, but will this impact other fuel retailers negatively? Lets discuss!

  • This is great news! But will other oil companies follow suit, or is this just a temporary price drop? Lets keep an eye on it.

  • Wow, Dangote Refinery lowering petrol prices? Is this a game-changer or just a temporary strategy? Lets discuss!

  • Wow, is this a game-changer or just a temporary relief? Will other refineries follow suit? Lets see how this unfolds!

  • Wow, cant believe Dangote Refinery is actually lowering petrol prices! Hope other companies follow suit. Good news for our wallets.

  • Wow, this Dangote Refinery price drop is great! But will it last or is it just a temporary perk? What do you think?

  • Wow, did you see that? Dangote Refinery reducing petrol prices? About time other companies follow suit! Thoughts?

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