National

Petrol price reduced

Dangote Petroleum Refinery and Petrochemicals has reduced its gantry price for petrol to N1,200 per litre and its coastal price to N1,153 per litre.

The company disclosed this in a statement by its spokesperson Anthony Chijiena to Journalist on Thursday.

The 650,000 per day refinery dropped its petrol by N85 to N1,200 per liter from N1,285 per liter.

The latest fuel price drop comes after at least five petrol price hikes carried out by the Dangote Refinery since March 2026 amid ongoing tensions in the Middle East.

Voice Air Media reports that adjustment marks a downward review in the refinery’s pricing structure and is expected to influence fuel supply costs across distribution channels, including depots and retail outlets.

VAM News

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