Dangote Refinery cuts fuel prices again, signals further moderation

Dangote Refinery cuts fuel prices again, signals further moderation

Dangote Refinery has once again slashed fuel prices, implementing its fourth price cut in a month. The latest N50 per litre reduction brings the total decrease for PMS to over N200, lowering the gantry price to N1,075. This move aims to pass production cost savings to consumers despite processing higher-priced crude.

The refinery emphasized its commitment to market stability and cushioning Nigerians from global energy price volatility, promising further reductions as lower-cost crude enters its supply chain.

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