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Dangote Refinery Announces Reduction of Petrol Price to ₦899.50 per Litre

Muhammad A. Aliyu
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Muhammad A. Aliyu
ByMuhammad A. Aliyu
Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior...
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Published: 2024/12/19
2 Min Read
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Dangote Refinery
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he Dangote Petroleum Refinery has announced a reduction in the ex-depot price of its Premium Motor Spirit (PMS), also known as petrol, to ₦899.50 per litre, effective immediately.

This announcement was made in a statement on Thursday by Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Group.

The reduction is aimed at providing much-needed financial relief to Nigerians during the holiday season.

“Africa’s first privately-owned oil refinery, which previously lowered the price to ₦970 per litre on November 24, has now announced a new price of ₦899.50 per litre,” Chiejina said.

The price cut is part of a broader strategy to alleviate transportation costs during the festive period.

In addition to the price reduction, Dangote Refinery introduced a special offer to further benefit consumers. For every litre purchased on a cash basis, customers will be allowed to buy one extra litre on credit, provided they secure a bank guarantee from Access Bank, First Bank, or Zenith Bank.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS,” Chiejina explained.

“From today, our petrol will be available at ₦899.50 per litre at our truck loading gantry or SPM. Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee.”

Chiejina emphasized the refinery’s dedication to providing Nigerians with premium-quality petroleum products that are competitively priced, environmentally friendly, and designed to support engine efficiency.

TAGGED:Dangote RefineryPetrolPetrol Price
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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu is a prolific journalist who joined Okay News in 2015, aiming to contribute to the platform's positive growth. Currently serving as the Senior Editor, he plays a key role in shaping the digital news landscape.
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