Our reporter/ Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre.
The new price is a reduction of N15 from N880 per litre sold by the facility earlier in the week.
It was gathered that the $20bn refinery informed its marketers and customers of the slash on Thursday.
An official at the refinery confirmed the price reduction from ₦880 to ₦867 per litre to reporters.
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 around ₦910 from around ₦925 to reflect the marginal reduction in the ex-depot price of the premium commodity.
The price reduction by the private refinery followed a meeting between representatives of the Dangote Refinery and the Minister of Finance Wale Edun on Tuesday.
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