Dangote Petroleum Refinery has lowered the price of Premium Motor Spirit, also known as petrol, to N899.50 per litre, offering relief to Nigerians as the holiday season approaches, SAVANNAH NEWSNOW REPORTS.
The company is taking this step as part of its efforts to reduce the financial burden on consumers and improve the availability and accessibility of petroleum products nationwide, aiming to provide relief for Nigerians ahead of the holiday season.
“Africa’s first privately-owned oil refinery, which previously lowered the price to N970 per litre on November 24, has now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period,” read the statement signed by the Group’s Chief Branding and Communications Officer, Anthony Chiejina
He added that the company also introduced a special offer to further benefit consumers.
“In addition to the holiday discount, Dangote Petroleum Refinery is allowing consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis.”
He added that the company also introduced a special offer to further benefit consumers.
“In addition to the holiday discount, Dangote Petroleum Refinery is allowing consumers to purchase an additional litre of fuel on credit for every litre bought on a cash basis.”
“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM. Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina.
The refinery expressed its appreciation to Nigerians for their ongoing support, especially as the country enters the festive season.
Chiejina reiterated the refinery’s dedication to providing Nigerians with access to premium quality petroleum products that are competitively priced and environmentally friendly.
He noted that the refinery’s operations mark the end of Nigeria being a dumping ground for substandard imported products, which have posed significant risks to human health, machinery, and the environment.
The Dangote Refinery, with a capacity of 650,000 barrels per day, is the largest single-train refinery in the world and is fully capable of meeting 100% of Nigeria’s refined petroleum product requirements, with a surplus available for export.
