The new price of N940 is applicable to customers buying five million litres and above from the refinery.
Dangote Petroleum Refinery has reduced prices of diesel and aviation fuel to N940 and N980 per litre.
The decision is coming just two weeks after it had reduced the price to N1,000.
The new price of N940 is applicable to customers buying five million litres and above from the refinery, while N970 is for customers buying one million litres and above.
While speaking on the new development, the Head of Communication, Dangote Group, Anthony Chiejina, pointed out that the new price is in consonance with the company’s commitment to cushion the effect of economic hardship in Nigeria.
“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations, to ensure that consumers get to buy fuel at affordable price, in all their stations be it Lagos or Maiduguri. You can buy as low as 1 litre of diesel at N1,050 and aviation fuel at N980 at all major airports where MRS operates,” Chiejina said.
He added that the partnership will be extended to other major oil marketers.
“The essence of this is to ensure that retail buyers do not buy at exorbitant prices. The Dangote Group is committed to ensuring that Nigerians have a better welfare and as such, we are happy to announce these new prices and hope that it would go a long way to cushion the effect of economic challenges in the country,” he stated.
Recall that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from N1200 to N1,000 per litre barely two weeks ago.
This marks the third major reduction in diesel price in less than three weeks.