Connect with us

Breaking: Dangote Refinery Slashes Petrol Price - Check The New Proce

Piroll

Published

on

Follow
NAIJA NEWS: Breaking: Dangote Refinery Slashes Petrol Price - Check The New Proce [New Naija News] » Naijacrawl
Photo: Naijacrawl

In a move to provide relief to Nigerians during the festive season, Africa's first privately-owned oil refinery has announced a significant reduction in the price of Premium Motor Spirit (PMS).



Effective immediately, Dangote Petroleum Refinery has lowered its petrol price to N899.50 per litre, a step down from the N970 per litre set on November 24.

This strategic price adjustment, according to a statement by the Group's Chief Branding and Communications Officer, Anthony Chiejina, aims to ease transport costs during the holiday period.

In addition to the price cut, the refinery introduced a unique offer to further benefit consumers. “For every litre of petrol purchased on a cash basis, consumers can buy an additional litre on credit. This offer is backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” Chiejina explained.

The refinery’s initiative reflects its commitment to supporting Nigerians while ensuring access to premium quality petroleum products that meet global standards. Chiejina reaffirmed this dedication, stating, “Our operations signify the end of Nigeria being a dumping ground for substandard and blended imported products, which have posed risks to human health, machinery, and the environment.”

With an impressive capacity of 650,000 barrels per day (BPD), Dangote Refinery stands as the largest single-train refinery in the world. It is equipped to meet 100% of Nigeria’s refined petroleum product demand, with excess production available for export.

As the holiday season unfolds, this timely gesture underscores the refinery's gratitude to Nigerians for their unwavering support and its resolve to deliver products that are competitively priced, environmentally friendly, and engine-compatible.



Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

Fuel Subsidy: Check NNPC Updated Petrol Price for Your State

Piroll

Published

on

NAIJA NEWS: Fuel Subsidy: Check NNPC Updated Petrol Price for Your State [New Naija News] » Naijacrawl
Photo: Naijacrawl
As fuel scarcity and exorbitant prices start to dominate the country, the Nigerian National Petroleum Corporation has today make known the official rate of the non-subsidized PMS.The new price range from 480-512 across the country.It will be recalled that the Tinubu-led Federal Government announced the removal of the fuel subsidy on Monday, a decision that has put the whole country in jeopardy. Naijacrawl can affirm that the price for PMS will fall when the newly co...
Continue Reading

Naija News

Dangote Refinery Will Unsettled European Market - OPEC

Piroll

Published

on

NAIJA NEWS: Dangote Refinery Will Unsettled European Market - OPEC [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Organisation of Petroleum Exporting Countries (OPEC) has said supplies from Nigeria-based world’s largest single-train Dangote Refinery and Petrochemicals will put pressure on the performance of Europe’s oil industry, especially the Northwest Europe (NWE) Gasoil.OPEC in its newly released monthly Oil Market Report for June 2024 listed Dangote Refinery among the top Diesel and jet Fuel suppliers that will disrupt Europe’s oil & gas Industry, a development experts...
Continue Reading

Naija News

Dangote Reveals Next Plan After Refinery

Piroll

Published

on

NAIJA NEWS: Dangote Reveals Next Plan After Refinery [New Naija News] » Naijacrawl
Photo: Naijacrawl
The Africa’s richest man, Alhaji Aliko Dangote has revealed plans to delve into steel production shortly stating that he wants to ensure that every steel used in West Africa comes from Nigeria.The industrial mogul stated this during an interview at the Afreximbank Afro-Caribbean Trade & Investment Forum in Nassau, The Bahamas.When asked if he is taking a break after the refinery, he noted that the next venture after the refinery project would be in Steel manufacturi...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.