• About
  • Advertise
  • Contact
Thursday, September 11, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Oil & Gas

Dangote Further Slashes Prices Of Diesel, Aviation Fuel To N940, N980

Vital News by Vital News
April 23, 2024
in Oil & Gas
0
DANGOTE AND A WAR FORETOLD By  Dare BABARINSA

Dangote Refinery, Lekki, Lagos.

Share on FacebookShare on Twitter

Dangote Petroleum Refinery, Lagos, has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively.

This is coming at the wake of its widely celebrated price reduction to N1,000 barely two weeks ago.

However, the price change of N940 is applicable to customers buying five million litres and above from the refinery, while the price of N970 is for customers buying one million litres and above.

Speaking on the new development, the Head of Communication, Mr Anthony Chiejina, explained that the new price is in consonance with the company’s commitment to cushion the effect of economic hardship in Nigeria.

“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS Oil and Gas stations, to ensure that consumers get to buy fuel at affordable price, in all their stations be it Lagos or Maiduguri.

RelatedStories

NNPCL MD, Ojulari Raises Alarm Over Serious Threat To Life, Other Top Shots

NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery

Dangote Debunks Rumours Of Refinery Shutdown, Says PMS Gantry Price Remains N850

Kogi Govt Moves To Attract Investors To Exploit Oil, Gas Deposits

“You can buy as low as 1 litre of diesel at N1,050 and aviation fuel at N980 at all major airports where MRS operates,” Chiejina said.

He further stated that the partnership will be extended to other major oil marketers.

Dangote Refinery, Lekki, Lagos.

“The essence of this is to ensure that retail buyers do not buy at exorbitant prices.

“The Dangote Group is committed to ensuring that Nigerians have a better welfare and as such, we are happy to announce this new prices and hope that it would go a long way to cushion the effect of economic challenges in the country,” he said

It would be recalled that the management of Dangote Petroleum Refinery announced a further reduction of the price of diesel from N1,200 to N1,000 per litre barely two weeks ago.

This marks the third major reduction in diesel price in less than three weeks when the product sold at N1,700 to N1,200 and also a further reduction to N1,000 and now N940 for diesel and N980 for aviation fuel per litre.

Nigerian President Bola Tinubu had also commended Mr Dangote for the initial price reduction, describing it as an “enterprising feat.”

Reacting to the latest development, The Director General of the Manufacturers Association of Nigeria (MAN), Mr Ajayi Kadiri, said : “The decision of Dangote Refinery to first crash the price from about N1,750/litre to N1,200/litre, N1,000/litre and now N940 is an eloquent demonstration of the capacity of local industries to positively impact the fortunes of the national economy.

“The trickle down effect of this singular intervention promises to change the dynamics in the energy cost equation of the country, in the midst of inadequate and rising cost of electricity.

“The reduction will have far-reaching effects in critical sectors like industrial operations, transportation, logistics, and agriculture, contributing to easing the high inflation rate in the country; a lot of companies will be back in operation.”.   (vitalnewsngr.com)

 

 

Tags: aviationDangotedieselFuel
Previous Post

Lions International District Presents Charter Certificate To Ogun Sapphire Lions Club, Lion Idowu Omolabake Becomes Charter President

Next Post

Former Deputy Speaker Of House Of Reps, Emeka Ihedioha Resigns From PDP

Vital News

Vital News

RelatedStories

NNPCL Unveils New Senior Management Team
Economy

NNPCL MD, Ojulari Raises Alarm Over Serious Threat To Life, Other Top Shots

August 28, 2025
NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery
Oil & Gas

NLC Urges FG To Sell Enough Crude In Naira To Reduce Fuel Prices, Hails Dangote Refinery

August 13, 2025
Dangote Spends N720bln To Acquire 4,000 CNG Trucks, Begins Free Distribution Of Fuel August 15
Oil & Gas

Dangote Debunks Rumours Of Refinery Shutdown, Says PMS Gantry Price Remains N850

August 8, 2025
Kogi Govt Moves To Attract Investors To Exploit Oil, Gas Deposits
Business

Kogi Govt Moves To Attract Investors To Exploit Oil, Gas Deposits

August 8, 2025
Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector
Business

Dangote Says Tinubu’s Economic Policies Working, Reviving Private Sector

July 27, 2025
Next Post
Former Deputy Speaker Of House Of Reps, Emeka Ihedioha Resigns From PDP

Former Deputy Speaker Of House Of Reps, Emeka Ihedioha Resigns From PDP

Ekiti Govt Pays N546mln 2024 WAEC/SSCE Fees Of 16, 269 Students

NERC Transfers Regulatory Control Of Ekiti Electricity To State-Level Commission

Dangote Food Intervention Impactful In Nasarawa, Adamawa  – Emir

Dangote Food Intervention Impactful In Nasarawa, Adamawa - Emir

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

FUOYE Unveils Activities For 9th Convocation Ceremony

Ahead Official Commissioning, FUOYE VC Inspects Fasina Conference Centre

7 months ago

TJ Yusuf floors Dino Melaye to pick Kogi West PDP Senatorial ticket

3 years ago
Gunmen kill 3 Policemen At Checkpoint In Edo

Gunmen kill 3 Policemen At Checkpoint In Edo

2 years ago

SSANU calls for immediate disbandment of Nimi Briggs Committee

3 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

A CALL TO SAVE KOGI STATE’S EDUCATIONAL SYSTEM by Friday Ogungbemi

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

Photo News : President Bola Tinubu Visits President Emmanuel Macron In France

Kogi Police Command Confirms killing Of Three Officers By Gunmen

Trending

2027 : Former APC National Chairman, John Oyegun, Aregbesola, Atiku, David Mark, Obi, Amaechi Team Up Against Tinubu
Politics

INEC Recognises Mark, Aregbesola As New National Officers Of ADC

by Vital News
September 10, 2025
0

The Independent National Electoral Commission (INEC) has formally recognized former Senate President David Mark as the new...

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

September 10, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

September 10, 2025
Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

September 10, 2025
Alleged $7.2billion Fraud :  Ex-NNPC CEO, Mele Kyari In EFCC Custody

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

September 10, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • INEC Recognises Mark, Aregbesola As New National Officers Of ADC September 10, 2025
  • 2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes September 10, 2025
  • Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi September 10, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In