JUST-IN: Dangote Refinery Slashes Petrol Price By N10
Image Credit: leadership- The Dangote Petrochemicals Refinery has introduced a N10 rebate on the ex-depot price of Premium Motor Spirit (PMS), effectively reducing petrol costs from N835 to N825 per litre for its customers.
- Although marketers initially pay the official N835, they receive a N10 refund after purchase, allowing them to retail petrol between N830 and N835, offering a competitive advantage over other suppliers.
- This unofficial price adjustment follows earlier cuts in April, where prices dropped from N880 to N835 per litre, influenced by the Naira-for-Crude policy reinstatement.
- No official comment on the rebate policy was available from Dangote Group’s spokesperson as of the report.
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