For every litre of petrol purchased from the Lekki-based plant of Dangote Refinery, oil marketers will gain N20.
This is because the refinery, Sunday, announced a reduction in its price of the Premium Motor Spirit (PMS), popularly known as petrol, to ₦970 per litre for marketers.
Anthony Chiejina, Chief Branding and Communications Officer of Dangote Refinery, announced the reduction in a statement on Sunday.
The reduction, Chiejina said, the refinery’s way of showing gratitude to Nigerians “for their unwavering support in making the refinery a dream come true”.
According to the statement, the move is a cut from the refinery’s ₦990 ex-depot price announced earlier this month.
“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement continued.
“While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.
“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”