Business News

Dangote Crashes Diesel Pump Price to N1,000 Per Litre

Price of Diesel

By Modupe Gbadeyanka The pump price of Automotive Gas Oil (AGO), otherwise known as diesel, has been brought down to N1,000 per litre, thanks to Dangote Petroleum Refinery, Lagos. The oil facility, owned by Africa’s richest man, Mr Aliko Dangote, crashed the price of the product after commencing the loading of diesel by road this week. Before now, diesel was selling at a few fuelling stations at N1,200 per litre but information reaching Business Post has it that it has come down to N1,000 per litre. While rolling out the products, the refinery supplied at a substantially reduced price of