(Dangote Petroleum Refinery. Photo by Channels Tv)
Dangote Petroleum Refinery has begun free delivery of Premium Motor Spirit, popularly known as petrol, to six locations across Nigeria, including the Federal Capital Territory, Abuja, while maintaining its ex-depot price of ₦1,075 per litre.
The refinery announced the initiative in a notice shared on its official social media handle on Wednesday.
According to the company, the free delivery service covers Lagos, Ogun, Rivers, Kaduna, and Delta states, as well as the Federal Capital Territory, Abuja, and is available to customers purchasing a minimum of 250,000 litres of petrol.
The latest move comes shortly after Dangote Refinery met with stakeholders in Nigeria’s downstream petroleum sector to discuss cost-reflective pricing for petrol, a meeting that ended with stakeholders expressing support for further reductions in fuel prices.
The refinery had recently announced its fourth reduction in the gantry price of petrol, bringing it down to ₦1,075 per litre.
Commenting on recent price movements, the President of the Independent Petroleum Marketers Association of Nigeria, Mr Abubakar Maigandi, said the retail price of petrol had dropped by ₦125 per litre over the past three weeks, with pump prices now ranging from ₦1,155 to ₦1,299 per litre, depending on location and marketer.
