The Dangote Petroleum Refinery and Petrochemicals has dropped the cost of its diesel product to ₦1,020 per litre, down from ₦1,075 per litre at the gantry price.
In a statement, the $20bn company said the reduction was part of its effort to better serve its customers and Nigerians in general.
“Since it began diesel production in January 2024, the refinery has reduced the price of diesel more than three times, from an initial N1,700 per litre to the current rate, thus providing much-needed relief to manufacturers and consumers alike,” the company stated.
Recently, the private refinery slashed its ex-depot price for petrol from ₦950 per litre to ₦890 “based on market realities”.