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Dangote Refinery Reduces Ex-depot Petrol Price From N840 To N820 Per Litre

Dangote Petroleum Refinery has dropped the ex-depot price per litre of petrol from N840 to N820.

INFORMATION NIGERIA reports that the development is coming, following a week after the refinery dropped its ex-depot price from N880 to N840 per litre.

In a statement on Tuesday, by Spokesman for Dangote Group’s Anthony Chiejina, disclosed that the new price will take effect immediately.

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Chiejina said that the earlier adjustment to N840 per litre had resulted from global crude oil market volatility, especially during the 12-day geopolitical crisis in the Middle East that drove crude prices higher.

He added that more independent marketers have joined the growing list of distributors retailing Dangote refinery’s petroleum products nationwide, due to the assurance of a steady supply.

READ MORE: Dangote Refinery Slashes Petrol Prices By N15 Nationwide

The statement partly reads: “Several new marketing companies have joined Dangote’s distribution network.

“These include TotalEnergies, Garima Petroleum, Sunbeth Energies, Sobaz Nigeria Ltd., Virgin Forest Energy, Sixxco Oil Ltd., N.U. Synergy Ltd., and Soroman Nigeria Ltd.

“Others on the growing list are Jezco Oil Nigeria Ltd., Jengre, Cocean, Kifayat, Triumph Golden, Sifem Global, Riquest, and Mamu Oil, among others.”

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