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Dangote Refinery Lowers Petrol and Diesel Prices to Support Consumers
Photo: Daily Trust
2026-05-31 02:17   Economy   10

Dangote Refinery Lowers Petrol and Diesel Prices to Support Consumers

Dangote Petroleum Refinery & Petrochemicals don announce say dem don reduce the ex-depot prices of petrol (PMS) and diesel (AGO) again.As e be now, petrol don drop to N1,250 per litre from N1,275, while diesel don reduce to N1,700 per litre from N1,800.The company talk say this price cut na part of their effort to make fuel more affordable and support economic activities across Nigeria.Dem also talk say e go help businesses and individuals wey dey rely on petroleum for transport, power generation, and industrial work.The refinery dey try improve supply efficiency and deepen domestic refining, so that consumers fit feel am for pocket.

Fuel prices don sharply rise since February because of wahala wey Israel and US start against Iran, and Iran retaliate by blocking the Strait of Hormuz.Dis wahala cause fuel price surge worldwide, with Nigeria one of the worst-hit countries.So this latest adjustment na relief small for Nigerians as dem dey try cope with previous increases.

Full reading at Daily Trust

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