HighlightOil & Gas

Just in: Again, Dangote further crashes diesel, aviation fuel to N940, N980

"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"

1.1k
Dangote Petroleum Refinery has announced another reduction in diesel and aviation fuel prices to N940 and N980, respectively.

This comes after the widely celebrated price reduction to N1,000 one week ago.

Persecondnews reports that customers purchasing five million litres or more from the refinery will benefit from the revised price of N940, while those purchasing one million litres or more will be eligible for the price of N970.

Mr. Anthony Chiejina, the Head of Communication at Dangote Petroleum Refinery, made it known on Tuesday that the new pricing aligns with the company’s goal of easing the economic challenges faced by Nigerians.

He said: “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 an 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.

“The essence of this is to ensure that retail buyers do not purchase at exorbitant prices.”

“The Dangote Group is committed to ensuring that Nigerians have better welfare, and as such, we are happy to announce these new prices and hope that they will go a long way towards cushioning the effects of economic challenges in the country.”

Persecondnews recalls that Dangote refinery announced a reduction in the price of diesel from N1,200 to N1,000 per litre.

The company said in a statement that it expects the significant reduction in the price of diesel to positively affect all sectors of the economy and ultimately lower the country’s high inflation rate.

“In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

“While rolling out the products, the refinery supplied them at a substantially reduced price of N1,200 per litre three weeks ago, representing an over 30 percent reduction from the previous market price of about N1,600 per litre.

“This significant reduction in the price of diesel at Dangote Petroleum Refinery is expected to positively affect all spheres of the economy and ultimately reduce the high inflation rate in the country.”

Leave a comment

Related Articles

NNPC Ltd. Advocates Collaboration, Transparency in Global Energy Decarbonization

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for increased...

VP Shettima Unveils Community-Driven Strategy to Tackle Nigeria’s Nutrition Challenges

Vice President Kashim Shettima has reaffirmed Nigeria’s commitment to addressing its growing...

Super Falcons to Face France in November Friendly

The Nigerian women’s national team, the Super Falcons, will face France in...

Just in: NAPPS offers released #Endbadgovernance minors scholarships

The National Association of Proprietors of Private Schools (NAPPS) has announced its...

Just in: Tinubu Decorates Acting Chief of Army Staff Oluyede as Lieutenant General

President Bola Tinubu on Tuesday decorated the acting Chief of Army Staff,...

Just in: For umpteenth time, national power grid collapses

Nigeria’s national power grid experienced another collapse on Tuesday, losing power generation...

CONUA to FG: Settle out withheld salaries, allowances, third-party deductions

The Congress of University Academics (CONUA) has called on the federal government...

Tinubu’s N200bln intervention fund seeks to eradicate poverty in Nigeria – Gov. Sani

Governor Uba Sani of Kaduna State has said that President Bola Tinubu...

Guardiola admits Manchester City’s struggle amid injury crisis

Manchester City manager Pep Guardiola has acknowledged that the club will struggle...

Pres.Tinubu Unveils Ambitious Plan to Revamp Nigeria’s Dilapidated Stadiums

The Chairman of the National Sports Commission, Mallam Shehu Dikko, has outlined...

Just in: 63-year-old Ekiti Chief Judge, Adeyeye, dies

Justice Oyewole Adeyeye, the Chief Judge of Ekiti State, has passed away....

Equatorial Guinea govt introduces CCTV in offices amid sextape scandal

Following sextape scandals, Equatorial Guinea’s Vice President, Teddy Nguema, has announced plans...

Election Day Showdown: Harris and Trump Hold Duelling Rallies as Polls Reach Dead Heat

Kamala Harris and Donald Trump held rival rallies on Monday, the final...

$26bln African Atlantic Gas Pipeline Project Gains Momentum

The federal government, in collaboration with the Economic Community of West African...

N1.3trn fraud: EFCC arrests, grills ex-Delta Gov. Okowa

A former Delta State Governor, Ifeanyi Okowa, has been apprehended by the...

Equatorial Guinea government official embroiled in sextape scandal

Mr. Baltasar Engonga, Director General of the National Financial Investigation Agency (ANIF)...

CAF ruling against Libya: Nigerian govt. promises to protect its citizens in Libya

Nigeria’s Ministry of Foreign Affairs has reaffirmed the federal government’s commitment to...

Polaris Bank wins “Best Mobile App” award at Digital Jurist Awards 2024

For its commitment to digital innovation and excellence, Polaris Bank has again...

Updated: After six years of injustice, Nigeria’s ex-Chief Justice, Onnoghen, finally gets justice

The Court of Appeal, Abuja Division, on Monday, overturned the conviction of...

Flood sacks 4 Anambra council areas as Soludo activates 27 IDP camps

By Emmanuel Ndukuba, Awka Floods have devastated four local government areas in...