JUST IN: Jubilation As Dangote Reduces Diesel Price To N940 Per Litre; Issues New Directives To Sellers
Dangote Petroleum Refinery has taken a significant step towards alleviating economic strain in Nigeria by slashing the prices of diesel and aviation fuel. The reduction sees diesel priced at N940 per litre and aviation fuel at N980 per litre.
Anthony Chiejina, Head of Communications at Dangote Group, affirmed the adjustment, emphasizing its alignment with the company’s dedication to easing economic burdens in Nigeria. Chiejina elucidated that the new diesel price of N940 applies to purchases exceeding five million litres, while N970 per litre is set for customers procuring one million litres and above.
In a bid to ensure widespread accessibility, Chiejina revealed a strategic collaboration between Dangote Petroleum Refinery and MRS Oil and Gas stations. This partnership aims to facilitate the availability of fuel at affordable rates across all MRS- operated stations, spanning locations from Lagos to Maiduguri. Chiejina highlighted the accessibility aspect, stating that consumers can now acquire diesel for as low as N1, 050 per litre and aviation fuel for N980 per litre at major airports serviced by MRS.
Expanding on the initiative’ s scope,
Chiejina announced plans to extend
the partnership to other prominent oil marketers. He emphasized the overarching goal of preventing retail buyers from being subjected to exorbitant prices. Chiejina underscored Dangote Group’s unwavering commitment to enhancing the welfare of Nigerians, expressing optimism that the revised prices would mitigate the impact of prevailing economic challenges.
The collaboration with MRS Oil and Gas stations represents a concerted effort by Dangote Petroleum Refinery to foster accessibility and affordability within the fuel market. By extending partnerships and implementing competitive pricing strategies, the refinery aims to address consumer needs while contributing to broader economic stability.
The reduction in fuel prices not only benefits consumers but also reflects Dangote Group’s proactive approach towards corporate social responsibility. By prioritizing the welfare of Nigerians amidst economic adversity, the company reinforces its position as a socially conscious entity dedicated to sustainable development.
As the partnership unfolds and the revised prices take effect, stakeholders anticipate a positive ripple effect across Nigeria’ s economic landscape. With a focus on affordability and accessibility, Dangote Petroleum Refinery sets a precedent for industry- wide collaboration and responsible business practices in the pursuit of national welfare.