Dangote slashes petrol ex-depot price, now ₦835

Our reporter/ For the second time in the month of April, Dangote Petroleum Refinery and Petrochemicals has again reviewed its ex-depot (gantry) loading cost of petrol to ₦835 per litre.

The refinery informed its marketers and customers of the slash on Wednesday.

An official at the refinery, who confirmed the price reduction from ₦867 to ₦835 per litre, also said the refinery would release a statement.

Checks into petroleumprice.ng also confirmed that the private refinery reduced its gantry price to ₦835 on Wednesday afternoon.

Filling stations like MRS Oil & Gas, Ardova Plc, Heyden, and others with special agreements with the Dangote Refinery are expected to reduce their pump price to below ₦900 to reflect the marginal reduction in the ex-depot price of the premium commodity.

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In an official statement released later, the refinery’s spokesman Anthony Chiejina confirmed the reduction of the gantry price of petrol from ₦865 to ₦835, adding that filling stations with special arrangement with the company would sell a litre of petrol for ₦890 in Lagos.

The price reduction by the private refinery followed a meeting between representatives of the Dangote Refinery and the Minister of Finance Wale Edun last week.

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