The Dangote Petroleum Refinery has once more reduced the price of petrol at its depot, bringing it down to ₦835 per litre.
This fresh cut comes just six days after it previously lowered the rate from ₦880 to ₦865 per litre. The latest adjustment represents a 3.5 percent drop from the last price.
The company shared the update with its customers in a notice issued on Wednesday.
This marks the third time in less than six weeks that the refinery has lowered its ex-depot price of Premium Motor Spirit (PMS), widely known as petrol.
Despite earlier reductions, consumers are yet to feel the impact, as many oil marketers have not adjusted their retail prices.
More details are expected soon.
