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Dangote Refinery Reduces Ex-depot Petrol Price to N1,165/litre

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Dangote Petroleum Refinery has reduced its ex-depot petrol price to N1,165 per litre, down from N1,215 per litre, representing a reduction of N50 per litre. The refinery also reduced diesel prices by N80 per litre to N1,570 per litre.

The price adjustments were announced in a statement on Wednesday. The refinery said the price review reflects its ongoing efforts to improve energy affordability, expand access to refined petroleum products, and support economic activities across Nigeria.

Key Points:

Petrol ex-depot price reduced by N50 to N1,165 per litre.
Diesel ex-depot price reduced by N80 to N1,570 per litre.
The price reduction aims to improve energy affordability and support economic activities.
Dangote Refinery continues to strengthen Nigeria’s energy security and reduce import reliance.
The refinery passes operational efficiencies to consumers whenever market conditions permit.

The price reduction may lead to lower pump prices for consumers and further adjustments could follow as operational efficiencies improve.

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