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HomeBusinessDangote Refinery resume petrol sale for naira, price drop to N1,215

Dangote Refinery resume petrol sale for naira, price drop to N1,215

Dangote Petroleum Refinery don resume gantry loading of Premium Motor Spirit (PMS) for naira after one week wey dem suspend am. Di refinery raise di ex-depot petrol price to N1,215 per litre.

Di refinery don suspend gantry and coastal loading on July 15 after dem introduce dollar-denominated pricing template for refined petroleum products. Before, di price bin be N1,075 per litre.

Checks by Daily Trust show say di new gantry price by Dangote dey lower dan imported products. As of last night, some depot owners price at N1,274 per litre. Also, some retail stations currently dispense at over N1,300 per litre for Lagos.

Sources confirm say customers don receive notice of di resumption of gantry operations, with truck loading expected to commence immediately under di revised naira pricing structure.

Di suspension of loading last week tighten fuel supply across di country, pushing prices at private depot sharply higher. Daily Trust report say Dangote Refinery don cite difficulties for accessing sufficient crude oil under di Federal Government naira-for-crude arrangement to justify di introduction of dollar-based transactions.

President of di Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Maigandi confirm di development for a chat with Daily Trust. Maigandi express happiness over di development, saying e go ease di current disruptions wey dem encounter for di last one week.

“We dey very happy with this development and I want to assure you say our members go resume loading immediately. Dis go further improve inland distribution after days of constrained availability,” e say.


Samuel Santos
Samuel Santoshttps://nnn.ng/
Samual Santos na reporter for NNN. NNN dey publish hot-hot tori for Nigeria and around di world for naija pidgin language so dat every Nigerian go fit follow national news, no mata dia level of school. NNN dey only publish tori wey be true-true, wey get credibility, wey dem fit verify, wey get authority, and wey dem don investigate well-well.
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