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Home News

Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May

Reporter by Reporter
April 3, 2024
in News
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Diesel Price Drops As Dangote Sells ₦‎1,225/Litre, Supplies Petrol May
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Dangote Petroleum Refinery has sold one million litres of diesel to registered oil marketers at a price of N1,225 per litre, resulting in a drop in diesel prices across the country.

The $20bn refinery, which started pumping out diesel last week, has promised to release more products in the future, including Premium Motor Spirit (petrol) in May.

The price of diesel is expected to fall significantly due to the refinery’s release of products.

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Oil marketers have confirmed that they have purchased diesel from the refinery at prices ranging from N1,250 to N1,300 per litre.

Tags: $20bn worth refinery225/litre350/litre9jaspectatorsAGOAliko Dangoteaviation fuelcrash in diesel priceDangote Petroleum RefineryDiesel price dropsdomestic marketLagosN1nameplate capacityNigeriansOgunone million litresOyopetrolPremium Motor Spiritregulatory approvalsspectatorsng
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