Dangote refinery announces reduction in diesel price

Dangote Petroleum Refinery has announced another reduction in diesel prices, from 1200 to 1,000 naira per liter.

While rolling out the products, the refinery delivered at a significantly lower price of N1,200 per litre three weeks ago, representing a more than 30% reduction from the previous market price of approximately N1,600 per litre.

According to a statement issued by the organization on Tuesday night, the large fall in the price of diesel is expected to positively benefit all sectors of the economy and reduce the country’s high inflation rate.

More details to follow…

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