In a move to provide relief for Nigerians ahead of the Christmas and New Year holiday season, Dangote Petroleum Refinery has reduced the price of its petrol to N899.50 per litre.
According to a statement by the company’s spokesman, Anthony Chiejina, the price reduction is designed to ease transport costs during the festive period.
The refinery had previously lowered the price of its petrol to N970 per litre in November. The latest reduction is part of the company’s efforts to make premium quality petroleum products more affordable for Nigerians.
In addition to the price reduction, the refinery is also offering consumers the opportunity to purchase an additional litre of fuel on credit for every litre bought on a cash basis.
The credit facility is backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank. Chiejina expressed gratitude to Nigerians for their continued support as the country enters the festive season.
He also emphasized the refinery’s commitment to ensuring Nigerians have access to premium quality petroleum products that are competitively priced, as well as environmentally and engine friendly.
The Dangote Petroleum Refinery, with a capacity of 650,000 barrels per day, has been a game-changer in Nigeria’s petroleum industry.
The refinery’s operations mark the end of Nigeria being a dumping ground for substandard and ‘blended’ imported products, which have posed significant risks to human health, machinery, and the environment.
