Dangote Refinery Again Reduces Diesel, Aviation Fuel Prices To N940, N980

April 23, 2024
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Dangote Petroleum Refinery has again reduced the prices of diesel and aviation fuel, offering a litre of diesel for as low as N940 and aviation fuel at N980 per litre.

This reduction follows closely on the heels of a previous price cut to N1,000 per litre, a move that gathered widespread praise from Nigerians.

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In a statement to the press, Mr. Anthony Chiejina, the Head of Communication for Dangote Petroleum Refinery, reiterated the company’s dedication to supporting Nigerians during these difficult economic times.

He stated, “Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations to ensure affordable fuel prices for consumers across all their stations nationwide.”

Mr. Chiejina continued, “With this partnership, customers can purchase diesel for as low as N1,050 per litre and aviation fuel at N980 per litre at all major airports where MRS operates.” He further highlighted the extension of this partnership to other major oil marketers, reiterating the company’s commitment to preventing consumers from being subjected to exorbitant prices.

READ ALSO: Dangote Refinery’s Diesel Price Cut Sparks Marketers’ Hope For N700/Litre

The decision to further reduce fuel prices by Dangote Petroleum Refinery has been met with widespread acclaim from various sectors.

President Bola Tinubu commended the initial price reduction, describing it as an “enterprising feat.” Additionally, Mr. Ajayi Kadiri, the Director General of the Manufacturers Association of Nigeria, praised the successive price reductions, citing their positive impact on the national economy.

Mr. Kadiri stated, “The reduction in fuel prices by Dangote Refinery is an eloquent demonstration of the capacity of local industries to positively impact the national economy.” He highlighted the far-reaching effects of these price reductions on critical sectors such as industrial operations, transportation, logistics, and agriculture, predicting a reduction in the high inflation rate and the revitalization of numerous companies.

This move by Dangote Petroleum Refinery marks the third major reduction in diesel prices within a span of fewer than three weeks, showcasing the company’s commitment to ensuring affordable fuel prices for Nigerians.

With these successive price cuts, Dangote Refinery continues to lead the charge in driving down fuel prices and fostering economic stability in the country.

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Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

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