Dangote Refinery selling diesel at N1,000 per litre

Dangote Refinery, a subsidiary of Dangote Groups has slashed the price of diesel.

The business mogul refinery is now selling at 1,000 per litre from 1,200, which translate to reduction by 16.6 per cent.

In a statement by the refinery, it stated that, “Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.

“While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.’ Significant reduction According to the company, “this significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.”

Recently, Chairman of Dangote Group, Alhaji Aliko Dangote, said that his refinery’s capacity to sell diesel at greatly reduced prices would offer immediate relief to Nigeria’s inflation challenges.