Dangote Petroleum Refinery and Petrochemicals has lowered the ex-depot price of petrol to N865 per litre.
The company announced the price reduction to its marketers and customers on April 10.
An official from the refinery confirmed the price change, which dropped from N880 to N865 per litre.
As a result of the price cut, fuel stations with exclusive supply agreements with the refinery, including MRS Oil & Gas, Ardova Plc, and Heyden, are expected to adjust their pump prices to approximately N910 per litre in line with the new ex-depot rate.
The reduction follows a meeting between Dangote Refinery officials and the Minister of Finance, Wale Edun, held on Tuesday, April 10.
