The Dangote Refinery has announced a significant reduction in the prices of both diesel and petrol, offering some relief to consumers and businesses.
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According to a new pricing template released by the company, the gantry price for petrol has been cut by ₦100, dropping from ₦1,175 to ₦1,075 per litre. For coastal supply, the price has been adjusted to ₦1,050 per litre to account for maritime distribution costs.
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Similarly, the price of Automotive Gas Oil, commonly known as diesel, has seen a substantial decrease. The gantry price is now ₦1,430 per litre, a ₦190 reduction from the previous price of ₦1,620.
The refinery clarified that these gantry prices are exclusive of fees mandated by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
