BREAKING: Again, Dangote Refinery reduces petrol price by 3.5% to N835 per litre

BREAKING: Again, Dangote Refinery reduces petrol price by 3.5% to N835 per litre

 In a significant development, Dangote Petroleum Refinery has
announced a further reduction in the gantry price of Premium Motor Spirit
(PMS), commonly known as petrol.

The new price is set at N835 per litre, down from N865 per
litre, marking a 3.5 per cent decrease.

This price adjustment follows the recent decline in global
crude oil prices, which have dropped to $64 per barrel from over $70 per barrel
in recent weeks.

 

The refinery had previously reduced its gantry price from
N880 to N865 per litre; however, oil marketers did not pass on the savings to
consumers.

 

The Dangote Refinery, with a capacity of 650,000 barrels per
day, continues to play a crucial role in Nigeria’s energy landscape.

Source: BREAKING: Again, Dangote Refinery reduces petrol price by 3.5% to N835 per litre

 - NigerianEye
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