Dangote Refinery Reduces Diesel Price To N1,000 Per Litre
DANGOTE Petroleum Refinery has announced a further reduction of the price of Automotive Gas Oil (popularly called diesel) from N1200 to N1,000 per litre.
The company announced the price reduction in a statement by its spokesperson, Nduka Chiejina, last night Tuesday, 16 April 2024.
It will be recalled that while rolling out the product earlier this month, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.
“In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from ₦1,200 to ₦1,000/litre.
“While rolling out the products, the refinery supplied at a substantially reduced price of N1,200/litre three weeks ago, representing over 30 per cent reduction from the previous market price of about ₦1,600/litre.
“This significant reduction in the price of diesel at Dangote Petroleum Refinery is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country,” the statement read.
Eighteen-Eleven Media
