The Dangote refinery reduced its ex-gantry petrol price to ₦1,075 per litre on Tuesday, representing a ₦100 drop from the previous rate of ₦1,175 per litre.
Dangote Group’s Chief Communications Officer, Anthony Chiejina, told Channels Television on the phone that petrol supplied through coastal distribution will now sell at ₦1,050 per litre.
The Dangote refinery said the price of diesel has also been reduced to ₦1,430 per litre, representing a ₦190 drop from the prior price of ₦1,620 per litre.
“Under the revised pricing structure, the gantry price of PMS has been reduced from ₦1,175 to ₦1,075 (₦100) per litre, while the coastal price has been lowered from ₦1,150 to ₦1,028 (₦122) per litre. The price of diesel has also been reduced from ₦1,620 to ₦1,430 (₦190) per litre,” the refinery said.
The refinery explained that the move reflects global oil prices.
