YULETIDE: DANGOTE REFINERY REDUCES PETROL PRICE TO N899.50
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In a bid to provide relief to Nigerians as the holiday season approaches, Dangote Refinery has announced a further reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre.
The refinery, in a statement issued on Thursday by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, reaffirmed its commitment to easing the financial burden on citizens during the festive period.
Africa’s first privately owned oil refining facility had previously reduced the price to N970 per litre on November 24.
This latest price cut is aimed at lowering transportation costs, a significant expense for many Nigerians during the Yuletide season when travel demand is typically high.
Announcing the special purchase offer, Chiejina said 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 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,” Chiejina said.
The refinery thanked Nigerians for their continued patronage and reiterated its commitment to supplying high-quality, environmentally friendly petroleum products at competitive prices.
Chiejina emphasised that the Dangote Refinery is ending Nigeria’s dependence on substandard and blended imported petroleum products, which have historically harmed human health, machinery, and the environment.
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