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The Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively.
TheNewsGuru.com (TNG) reports Dangote Refinery made the announcement on Tuesday after right after its big price drop to N1,000 just two weeks ago.
In an unprecedented move, Dangote Refinery had announced reduction of the price of diesel from N1200 to N1,000 per litre two weeks before.
Dangote Refinery had rolled out the product in March at a reduced price of N1,200 per litre, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.
TNG reports diesel, which has impact on the cost of some food, is mostly used in large quantity in Nigeria by industries and articulated vehicles for transporting goods across the country.
A reduction in the price of diesel will subsequently affect the prices of goods and services across board and reduce the current skyrocketing prices in the country.
Customers purchasing five million liters or more from the refinery will benefit from the revised price of N940, while those purchasing one million liters or more will be eligible for the price of N970.
Mr. Anthony Chiejina, the Head of Communication, made this known, saying it aligns with the company’s goal of easing the economic challenges faced by Nigerians.
“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations, to ensure that consumers get to buy fuel at affordable price, in all their stations be it Lagos or Maiduguri.
“You can buy as low as 1 litre of diesel at N1,050 and aviation fuel at N980 at all major airports where MRS operates,” Chiejina said.