Dangote Refinery drops Petrol Price For Marketers

The Premium Motor Spirit (PMS), commonly referred to as petrol, will now cost 970 per litre for oil marketers, according to a Sunday announcement from the Dangote Petroleum Refinery.
The statement claims that the action is a reduction from the refinery’s ex-depot pricing of ₦990 that was declared earlier this month.
The company’s Chief Branding and Communications Officer, Anthony Chiejina, disclosed this in a statement.
He said the decision is the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true.”.
According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month.
“In addition, this is to thank the government for their support, as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement partly read.
“While the refinery would not compromise on the quality of its petroleum products, we assure you of the best quality products that are environmentally friendly and sustainable.
“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”
Marketers would save roughly ₦20 on each litre of petrol purchased from the Lekki-based facility thanks to the cut.