Dangote Refinery has reduced the ex-depot price of petrol by ₦50 per litre, adjusting it from ₦1,175 to ₦1,125 per litre.
The refinery attributes the reduction in petrol prices to the easing of tensions in the Middle East, which has led to a decrease in global energy prices.
A notice to customers indicated that the gantry loading price has been reduced from ₦1,175 per liter to ₦1,125 per liter, while the coastal supply price has decreased from ₦1,495,215 per metric ton to ₦1,428,165 per metric ton.
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