Dangote Petroleum Refinery has slashed the price of diesel once again, now offering it at 1,000 naira per litre, down from 1,200 naira previously.
This new price comes after the refinery had already reduced the price from about 1,600 naira per litre to 1,200 naira per litre just three weeks ago, marking a reduction of over 30 percent.
In a statement released on Tuesday night, the company highlighted that this significant reduction in diesel prices is expected to have a positive impact on the economy, helping to mitigate the high inflation rate in the country.