Stephen Ukandu, Umuahia
Dangote Refinery has again, cut down the price of petrol as it started selling to marketers at its depot at the cost of N835 per litre.
The new price, which represents a ₦30 reduction from ₦865 per litre implemented six days ago took effect from Wednesday, April 16.
This shows a 3.5 per cent decrease, and a ₦45 reduction from the ₦880 per litre sold by the facility last Wednesday.
Ikengaonline reports that this is the third time in six weeks that Dangote refinery would be reviewing the price of its product.
The company had equally notified its customers about the development.
Information from Dangote refinery shows that the new price is inclusive of charges by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The document detailing the revised price structure shows that PMS at the gantry will now sell for ₦835 per litre, inclusive of NMDPRA statutory levies, while coastal sales remain on hold.
The diesel gantry price is set at $608 plus a $70 surcharge, payable either in naira at ₦1,650/$ or in USD.
Coastal sales are also on hold. Jet fuel will be sold at $664.75 with a $42 gantry surcharge and a $22 coastal surcharge. Prices for cooking gas at both gantry and coastal points are currently on hold.
