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Dangote refinery slashes petrol price again to N835/litre





Dangote refinery slashes petrol price again to N835/litre – Kemi Filani




























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The Dangote Refinery has again reduced its refined product prices to make them cheaper, cutting its ex-depot rate to ₦835 per litre.

The new price represents a ₦30 reduction from ₦865 per litre implemented six days ago, marking a 3.5 per cent decrease, and a ₦45 reduction from the ₦880 per litre sold by the facility last Wednesday.

This price cut marks Dangote’s third downward adjustment in under six weeks.

The refinery informed its customers in a notice sent out on Wednesday morning.

A pro forma invoice was sighted by our correspondent, and checks on petroleumprice.ng also confirmed the development.

It stated that the new price is inclusive of charges by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

The document detailing the revised price structure shows that PMS at the gantry will now sell for ₦835 per litre, inclusive of NMDPRA statutory levies, while coastal sales remain on hold. The diesel gantry price is set at $608 plus a $70 surcharge, payable either in naira at ₦1,650/$ or in USD.




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About the author

Raymond Ben

Raymond Ben is a tech enthusiast and business analyst who covers the latest in technology, startups, and the Nigerian economy. His analytical approach makes complex topics accessible to readers.