For the second time in a month, Dangote Refinery yesterday announced N70.50 cut in the ex-depot price of petrol per litre.The reduction, which it said was for the festive period, brought the pump price from N970 to N899.50kOn November 24, the Refinery slashed its September 12 rollout price of 990 per litre by N20......Read The Full Article>>.....Read The Full Article>>
The Refinery said the gesture was to provide the much-needed relief for Nigerians and ease transportation costs ahead and during the Yuletide.In a statement issued by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, the company also introduced a special offer to further benefit consumers.
In addition to the holiday discount, Dangote Petroleum Refinery is allowing consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis.
The statement reads: “To alleviate transportation costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.“Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”The refinery also expressed its gratitude to Nigerians for their continued support and patronage.
Chiejina further emphasised the refinery’s commitment to ensuring Nigerians have access to premium quality petroleum products that are competitively priced, as well as environmentally and engine-friendly.He highlighted that the refinery’s operations mark the end of Nigeria being a dumping ground for substandard and ‘blended’ imported products, which have posed significant risks to human health, machinery, and the environment.The Dangote Refinery, with production capacity for 650,000 barrels per day (BPD), is the largest single-train refinery in the world.
It has capacity to meeting 100 per cent of Nigeria’s refined petroleum product requirements, with a surplus available for export.