The Dangote Petroleum Refinery has announced a price reduction of its petrol to ₦899.50 per litre as part of efforts to ease transportation costs for Nigerians during the Christmas and New Year holiday season. This initiative, the company says, is designed to provide relief for consumers amid the festive period.

In a statement, the refinery’s spokesperson, Anthony Chiejina, revealed that consumers purchasing petrol on a cash basis would also have the option to buy an additional litre on credit, supported by a bank guarantee from Access Bank, First Bank, or Zenith Bank.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at ₦899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

This marks the second price reduction by the privately-owned refinery in recent months, following a cut to ₦970 per litre in November.

The refinery, with a capacity of 650,000 barrels per day, expressed gratitude to Nigerians for their continued support during the festive season. Chiejina reaffirmed the company’s commitment to providing premium-quality petroleum products at competitive prices that are both environmentally and engine-friendly.

He further noted that the refinery’s operations signify a turning point in Nigeria’s petroleum sector, as the country moves away from reliance on substandard and blended imported products that pose significant risks to health, machinery, and the environment. This initiative reflects the company’s dedication to ensuring Nigerians have access to high-quality fuel during a crucial time of the year.