Dangote Refinery has announced a reduction in the price of Premium Motor Spirit to ₦899.50 per litre, in a bid to offer Nigerians some relief as the holiday season approaches.
According to The PUNCH, this was contained in a statement issued by the Group Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, on Thursday.
The refinery, Africa’s first privately-owned oil refining facility, had previously cut the price to ₦970 per litre on November 24.
The latest reduction aims to ease transportation costs during the festive period, a time when Nigerians often face increased travel expenses.
Announcing the special purchase offer, Chiejina said consumers can now buy an additional litre of fuel on credit for every litre purchased in cash, provided they secure a bank guarantee from Access Bank, First Bank, or Zenith Bank.
