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Dangote Refinery reduces diesel price

Published

11 hours ago

February 12, 2025 Follow

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NAIJA NEWS: Dangote Refinery reduces diesel price [New Naija News] » Naijacrawl

Photo: Naijacrawl

In a major relief for consumers, Dangote Refinery has reduced the price of automotive gas oil (diesel) to N1,020 per litre, down from N1,075—a N55 price slash.

Confirming the development in an exclusive interview with DAILY POST on Tuesday, Dangote Group spokesperson, Anthony Chiejina, stated:

"Yes, we have reduced the price of our diesel."

Since beginning diesel production in January 2024, Dangote Refinery has consistently lowered prices, dropping from an initial N1,700 per litre to the current rate.

This price reduction is expected to ease operational costs for businesses and transporters, making fuel more affordable amid fluctuating market conditions.

Stay tuned for more updates on fuel prices and economic developments in Nigeria.

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Ojo Sunday Victor is a graduate of Ladoke Akintola University of Technology, Ogbomoso, where he earned a Bachelor's degree in Accounting (B.Sc). He is a versatile professional with expertise in content writing, specializing i... Read More

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Naija News

Buhari Reduces Petrol Price After Meeting With Labour Leaders

Published

4 years ago

December 08, 2020

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NAIJA NEWS: Buhari Reduces Petrol Price After Meeting With Labour Leaders [New Naija News] » Naijacrawl

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After the end of the meeting between the Federal Government and Organised Labour in Abuja, the Federal government has now decided to reduce the price of petroleum in the country.The five-hour long meeting agreed that the price of petrol be reduced by N5 while labour also got a commitment from the government that the distribution of free prepaid metre will begin soon across the country.Organised labour had two weeks walked out of the meeting with the Federal Governme...

Naija News

BYE BYE Το 1000/Litre Fuel! See New Rate As Dangote Refinery Makes Exciting ANNOUNCEMENT [Details]

Published

1 month ago

December 21, 2024

Victorious 35 0

NAIJA NEWS: BYE BYE Το 1000/Litre Fuel! See New Rate As Dangote Refinery Makes Exciting ANNOUNCEMENT [Details] [New Naija News] » Naijacrawl

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In a groundbreaking move to alleviate the financial strain on Nigerians during the holiday season, Dangote Refinery has announced a significant reduction in petrol prices.Effective immediately, petrol will be sold at ₦899.50 per liter, offering much-needed relief compared to previous rates. This price drop has generated widespread discussions, with many seeing it as a timely response to the ongoing economic challenges.The holiday season in Nigeria, a time marked by...

Naija News

Dangote Refinery Will Unsettled European Market - OPEC

Published

6 months ago

August 09, 2024

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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...