The Dangote Petroleum Refinery and Petrochemicals has announced a reduction in the ex-depot price of petrol to N865 per litre.
This price adjustment was communicated to marketers and customers on April 10.
A refinery official confirmed the drop from the previous rate of N880 per litre to the new N865 benchmark.
As a result, fuel stations including MRS Oil & Gas, Ardova Plc, Heyden, and others with exclusive supply deals from the refinery are expected to adjust their pump prices to approximately N910 per litre.
The move follows a meeting between Dangote Refinery executives and the Minister of Finance, Wale Edun, on Tuesday, April 10.
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