… enters partnership with MRS Oil&Gas to sell Diesel at ₦1,050/l, Aviation Fuel at ₦980/l to customers

Oredola Adeola

Dangote Petroleum Refinery has reduced the price of diesel per litre for the third time in less than three weeks, with the latest reduction showing a drop in ex-depot price from ₦1,200 to ₦1,000 and now to ₦940 per litre.

It has also acknowledged a strategic partnership with MRS Oil and Gas stations to ensure that consumers can buy Diesel at a low price of ₦1,050 per liter and aviation fuel at ₦980 per liter in all their stations and major airports where MRS operates.  

Mr Anthony Chiejina, Dangote Groups’ Head of Communication, announced the development in a statement obtained by Advisors Reports on Tuesday.

Chiejina acknowledged that the price change of ₦940 applies to customers buying five million litres and above from the refinery, while the price of ₦970 is for customers buying one million litres and above.

He also explained that the new price aligns with the company’s commitment to cushion the effect of economic hardship in Nigeria.

“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations to ensure that consumers get to buy fuel at an affordable price in all their stations, be it Lagos or Maiduguri. You can buy as low as 1 litre of diesel at ₦1,050 and aviation fuel at ₦980 at all major airports where MRS operates,” he said.

The Dangote spokesperson emphasised that the partnership would be extended to other major oil marketers, adding that the essence of this was to ensure that retail buyers do not buy the product at exorbitant prices.

He said, “The Dangote Group is committed to ensuring that Nigerians have better welfare and as such, we are happy to announce these new prices and hope that it would go a long way to cushion the effect of economic challenges in the country.”