BY BUNMI ADULOJU


The Dangote refinery says it has reduced the price of automotive gas oil (AGO), also known as diesel, to N1,000 per litre.

According to a statement on Tuesday by the refinery, the price of the product was dropped from N1,200 per litre.

“In an unprecedented move, Dangote Petroleum Refinery has announced further reduction of the price of diesel to from 1200 to 1,000 naira per litre,” Dangote refinery said.

“While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

“This significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.”

The development comes days after Dangote refinery fixed the minimum volume of diesel that can be purchased by oil marketers at one million litres.

The 650,000 barrels per day (bpd) capacity refinery was inaugurated by former President Muhammadu Buhari in May 2023.

Subsequently, the plant commenced operations with the production of diesel and aviation fuel on January 12 — after receiving six shipments of crude from oil marketers.

https://www.thecable.ng/dangote-refinery-slashes-diesel-price-to-n1000-per-litre/amp/

Nlfpmod

It should keep coming down.

#500 / litre or Dangote and his refinery are both a scam

It was around 800 naira last year January before Tinubulation took over.

Obidients: Tinubu has drained our reserve to crash diesel to N1,000. This is definitely not sustainable. If you bought diesel above N1k per liter, keep your diesel close. Don’t use it and don’t sell it. Just keep it close till it rise again in 2031🤣🤣🤣

jmoore:
It was around 800 naira last year January before Tinubulation took over.

Do you use diesel? Or you just need to wail?

Kewtt:

Do you use diesel? Or you just need to wail?

The tomatoes, rice, yam, etc you use to cook were transported with trucks using diesel.
You guys keep confirming that APC supporters are mostly illiterates.

lols so a litre of it is equal to a dollar

they must have found out that the imported diesel is almost cheaper so they quickly reduced their price

This is good

But I don't know why Zombies have been quick to claim Dangote refinery that was started under Jonathan and largely sponsored by Emefiele's CBN like an APC trophy

Some people won't like this news oo

Kukutenla:
This is good

But I don't know why Zombies have been quick to claim Dangote refinery that was started under Jonathan and largely sponsored by Emefiele's CBN like an APC trophy

Dangote did not mention Jonathan when he was commissioning the refinery. Neither did he praise buhari the then president.
But was hailing tinubu continuously when I watch the video.
These are Lagos men, the refinery is in Lagos .
They know what went down. Tinubu has been more instrumental to the success of that refinery than Jonathan.

tollyboy5:

Dangote did not mention Jonathan when he was commissioning the refinery. Neither did he praise buhari the then president.
But was hailing tinubu continuously when I watch the video.
These are Lagos men, the refinery is in Lagos .
They know what went down. Tinubu has been more instrumental to the success of that refinery than Jonathan.

Yeah. I'm sure. It's Tinubu that gave Dangote licence to build refinery
It's Tinubu the told CBN to give Dangote special forex access to the window
Remove your head from Tinubu's ass

Kukutenla:

Yeah. I'm sure. It's Tinubu that gave Dangote licence to build refinery
It's Tinubu the told CBN to give Dangote special forex access to the window
Remove your head from Tinubu's ass

Yea sure. It's Jonathan that gave dangote hectares of land to build refinery.
Infact it's emefiele that started expanded the road along lekki Epe since he knows refinery is coming.
Lastly it was Peter obi that gave dangote the idea.
Oh! Wait I just remembered it was Alex otti that made that lekki area free trade zone

Olobe

okoo