JUST IN: Dangote Refinery slashes petrol price to ₦865

 The price of gasoline ex-depot (gantry) has been reduced by the Dangote Petroleum Refinery and Petrochemicals to 865 yen per liter. 

The $20 billion refinery informed its marketers and customers of the new pricing on Thursday, according to sources.

 An official from the refinery, speaking to The Nation, confirmed the price adjustment from ₦880 to ₦865 per litre.

 MRS Oil & Gas, Ardova Plc, Heyden, and other fuel stations that have exclusive supply agreements with the refinery are expected to lower their pump prices to approximately 910 per liter in response to the revised rate. The decrease occurs shortly after a meeting that was held on Tuesday between representatives from the Dangote Refinery and Wale Edun, the Minister of Finance. Soon, more details...