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.

See also  Lamido, son, family businesses to face fresh arraignment for alleged N1.3b fraud

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.

Leave a Reply