Under the new pricing structure, the price of petrol has decreased from N1,215 per litre to N1,165 per litre, reflecting a reduction of N50. Diesel prices have also been lowered from N1,650 per litre to N1,570 per litre, marking a decrease of N80.

In the statement released by the Dangote Group, the refinery emphasized that this price review is part of its strategic commitment to make high-quality petroleum products more accessible to the Nigerian market. The initiative is aimed at not only improving energy affordability but also supporting economic activities throughout the country.

The refinery reiterated its dedication to maintaining a stable supply of petroleum products while leveraging operational efficiencies to deliver value not only to consumers but also to businesses and stakeholders. The company expressed its ongoing commitment to passing on the benefits of enhanced operational efficiencies to consumers as market conditions allow.

Furthermore, the Dangote Petroleum Refinery highlighted its crucial role in strengthening Nigeria’s energy security, reducing reliance on imported petroleum products, and bolstering the nation’s economic development through the supply of world-class refined products. This move is seen as a significant step in the refinery’s overall endeavors to support Nigeria’s economy and improve living standards through the provision of affordable petroleum resources.