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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

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Dangote Petroleum Refinery Crashes Diesel Price to N1,000 Per Litre

by Julius Afolalu
April 16, 2024
in Business, Headlines
Reading Time: 1 min read
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Dangote Refinery Receives Fourth Shipment of 1 Million Barrels of Crude Oil from NNPCL
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… Aims to boost economy and tackle inflation

Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1,200 to 1,000 naira per litre.

While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago, representing over 30 per cent reduction from the previous market price of about N1,600 per litre.

A statement by the organisation on Tuesday night explained the significant reduction in the price of diesel is expected to positively affect all the spheres of the economy and reduce the high inflation rate in the country.

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