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HomeBusinessFestive Relief: Dangote Drops Petrol Price to N899.50

Festive Relief: Dangote Drops Petrol Price to N899.50

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In a move to ease the financial burden on Nigerians during the festive season, Dangote Petroleum Refinery has slashed the price of Premium Motor Spirit (PMS) to N899.50 per litre.

The announcement, made by the Group Chief Branding and Communications Officer, Anthony Chiejina, marks a significant drop from the N970 per litre price introduced in late November.

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Festive Credit Boost
In a groundbreaking initiative, Dangote Refinery is introducing a consumer-friendly credit scheme. For every litre of petrol purchased on a cash basis, consumers can secure an additional litre on credit, backed by a bank guarantee from leading financial institutions like Access Bank, First Bank, or Zenith Bank.

“This festive discount ensures affordable transport costs for all Nigerians. We are committed to providing not just quality, but also value to our customers during this period,” Chiejina stated.

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Ending Substandard Imports
Highlighting the refinery’s capacity of 650,000 barrels per day, Chiejina reaffirmed Dangote’s mission to eliminate Nigeria’s dependence on substandard imported fuel. “Our products are of premium quality, environmentally friendly, and safe for engines. This is the future of energy in Nigeria,” he added.

As the holiday season approaches, this bold move by Dangote Petroleum Refinery offers a welcome reprieve for Nigerians, ensuring both affordability and quality at the pump.

 

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