Economics, Reports

Dangote Refinery Slashes Petrol Price To N899.50 Per Litre For The Holiday Season

Ogunbiyi Kayode

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December 20, 2024

The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), or petrol, to N899.50 per litre, providing much-needed relief to Nigerians as the festive season approaches. This move aims to ease transportation costs during a period when travel expenses typically surge.

In a statement released by Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, the refinery also introduced a special purchase offer. Consumers can now buy an additional litre of fuel on credit for every litre purchased in cash, provided they secure a bank guarantee from Access Bank, First Bank, or Zenith Bank.

“To alleviate transport costs this holiday season, Dangote Refinery is offering a special discount. Furthermore, for every cash purchase, customers can buy another litre on credit backed by a bank guarantee,” Chiejina stated.

The refinery reaffirmed its commitment to providing high-quality, environmentally friendly petroleum products at competitive prices. It emphasized its role in ending Nigeria’s dependence on substandard and blended imported fuels, which have posed significant risks to health, machinery, and the environment.

Expressing gratitude to Nigerians for their continued support, the refinery pledged to keep driving innovations that benefit both the economy and the people.

Sources

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