Dangote Petroleum Refinery has reduced the ex-depot price of Automotive Gas Oil, popularly known as diesel, by N200 per litre following the arrival of fresh imported petroleum products into the country.
The new adjustment brings the gantry price down from N1,800 per litre to N1,600 per litre, a development that has already sparked reactions across Nigeria’s downstream oil sector.
Industry operators said the latest price review took effect on Monday, May 26, amid increasing competition between local refiners and fuel importers....... .
