In a move aimed at thanking Nigerians for their ‘unwavering support’ the Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor Spirit (PMS), also known as petrol for oil marketers.
The company’s Chief Branding and Communications Officer, Anthony Chiejina in a statement on Sunday disclosed that the product will now sell at ₦970/litre as against the initial N990/litre.
He said the decision is the refinery’s way of appreciating 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.
READ ALSO: Dangote refinery blasts NNPC for failing to deliver supply commitment
“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 partly read.
“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.”
The slash would help marketers save about ₦20 on each litre of petrol bought from the Lekki-based plant.
By: Babajide Okeowo
The post Dangote refinery reduces petrol price for marketers by N20 appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.