Dangote Refinery has declared a decrease in petrol prices to ₦865 per litre, a reduction of ₦15 from the previous rate of ₦880 per litre, effective Wednesday. This announcement was made via a notice released on Thursday morning.
Tag: Dangote Refinery
The cost of imported premium motor spirit rose to N885 per litre on Wednesday, up from N797.
Dangote Petroleum Refinery & Petrochemicals has announced a second reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol.
According to the Dangote Refinery, it has exported Premium Motor Spirit, or PMS, commonly referred to as petrol, to South Africa, Ghana, Angola, and Cameroon.
In an indication to traders that the operations of the mega-refinery may soon disrupt regional fuel markets, the Dangote Petroleum Refinery has started exporting refined petroleum products to neighboring West African nations.
No fewer than eight countries are to lift fuel from Dangote Refinery. This is as more countries are being expected to signify interest in lifting fuel from the refinery in the coming months.
After much controversies surrounding the official price of its fuel, Dangote Refinery has revealed that it sells its fuel at N990 per litre in trucks and N960 per litre into ships.
Aliko Dangote, founder of the Dangote Group, has described the attitude of retailers who aren’t buying the Petroleum products despite having 500m litres of PMS at his Refinery.
Dangote Refinery has hit out at the Nigerian National Petroleum Company Limited (NNPCL) for claiming they bought her fuel at N898 per litre.