Dangote Refinery reduces Petrol Gantry Price by N75 to N1,200 Per Litre
The Dangote Petroleum Refinery has reduced its gantry price for petrol by N75, bringing the new rate to N1,200 per litre.
The spokesman for the Dangote Group, Anthony Chiejina, disclosed this in a statement, noting that the refinery also lowered its coastal price to N1,153 per litre.
According to him, the price adjustment comes amid ongoing tensions in the Middle East, which continue to shape developments in the global oil market.
He said: “Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for petrol to N1,200 per litre and its coastal price to N1,153 per litre.”
Chiejina added that the latest reduction represents a downward review of the refinery’s pricing structure and is expected to affect fuel supply costs across distribution channels, including depots and retail outlets.
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The development is expected to have implications for marketers and consumers, as changes in gantry pricing often influence pump prices and the broader cost of fuel distribution across the country.
