The Dangote Refinery has announced a substantial reduction in petrol prices, setting a new rate of N899 per litre for a minimum purchase of two million litres.
The decision reflects the refinery’s efforts to stabilise market prices and enhance fuel availability for marketers nationwide.Under the new pricing framework, petrol is available at N899.5 per litre for cash purchases of two million litres.
For bulk purchases, the refinery offers a discounted rate of N895 per litre for 10 million litres, with an equivalent matching volume provided under the same bank guarantee terms. This move is expected to ease supply challenges and foster a more stable pricing environment within the downstream petroleum sector.
