Dangote Petroleum Refinery on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to 940 Naira and 980 Naira per litre.
This is coming in the wake of its widely celebrated price reduction to 1,000 Naira barely two weeks ago.
The price change of 940 Naira applies to customers buying five million litres and above from the refinery, while the price of N970 is for customers buying one million litres and above.
Speaking on the new development, the Head of Communication, Mr Anthony Chiejina, explained that the new price aligns 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 prices, 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.”
He also stated that the partnership would 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 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.
It would be recalled that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from 1200 to 1,000 Naira per litre barely two weeks ago.
This marks the third major reduction in diesel price in less than three weeks when the product was sold at 1,700 to 1,200 Naira and also a further reduction to 1,000 Naira and now 940 Naira for diesel and 980 Naira for aviation fuel per litre.