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Dangote Refinery has reduced the prices of its Premium Motor Spirit, PMS, besides known arsenic petrol, and Automotive Gas Oil, AGO, oregon diesel, nationwide.
The 700,000-barrel-per-day refinery on Wednesday reduced its petrol gantry terms to N1,165 per litre from N1,215 per litre, portion diesel was chopped to N1,570 per litre from N1,650 per litre.
This means the mega refinery has reduced the prices of petrol and diesel by N50 and N80 per litre, respectively.
DAILY POST reports that the latest simplification successful petrol and diesel prices by Dangote Refinery is expected to further thrust down retail pump prices crossed Nigeria.
Recall that the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Billy Gillis-Harry, told DAILY POST that petroleum merchandise prices would decline further if landing costs proceed to fall.The earlier study is disposable here:
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