• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Wednesday, May 28, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

Dangote Refinery Reduces Ex-Depot Petrol Price To N835/Litre

Ojimaojo Abubakar by Ojimaojo Abubakar
April 16, 2025
in Business, National, News
0
Dangote Refinery Reduces Ex-Depot Petrol Price To N835/Litre
0
SHARES
12
VIEWS
FacebookTwitterWhatsappEmailTelegram

By Abubakar Yunusa

The Dangote Petroleum Refinery has further reduced the ex-gantry price of premium motor spirit (PMS), also known as petrol, to N835 per litre.

RelatedPosts

El-Rufai Ordered To Pay N900m For Adara Elders Rights Violation

Dhul Hijjah crescent moon sighted in Saudi Arabia — June 6 is Eid-el-Kabir

NAIC’s New CEO , Danfulani Pledges Rural-Focused Insurance Reforms

According to sources at the refinery, the plant dropped the price of the petrol sold to oil marketers to N835 per litre, six days after the refinery reduced it to N865 per litre.

“The refinery reduced the price of the petrol to N835 per litre,” a source told TheCable.

The reduction in Dangote petrol price followed an announcement by the federal government on April 9, that the naira-for-crude oil deal will continue after the first phase ended on March 31.

“The stakeholders reaffirmed the government’s continued commitment to the full implementation of this strategic initiative, as directed by the Federal Executive Council (FEC),” the finance ministry said.

“Thus, the Crude and Refined Product Sales in Naira initiative is not a temporary or time-bound intervention, but a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market.”

On April 15, Farouk Ahmed, chief executive officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said the estimated pump price of petrol in Nigeria is less than that of neighbouring countries in West Africa.

Ahmed also said Nigeria’s petrol importation reduced by 29.9 million litres in eight months due to increased contributions from local refineries.

ALSO READ:  ECOWAS Chairman Bola Tinubu, Aims To Bring Peace And Stability To Niger
Tags: Dangote refinery
Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

El-Rufai Ordered To Pay N900m For Adara Elders Rights Violation

El-Rufai Ordered To Pay N900m For Adara Elders Rights Violation

by Nathaniel Irobi
May 28, 2025
0

In a significant ruling, a Federal High Court in Kaduna has instructed former Kaduna State Governor, Mallam Nasir El-Rufai, to...

Dhul Hijjah crescent moon sighted in Saudi Arabia — June 6 is Eid-el-Kabir

Dhul Hijjah crescent moon sighted in Saudi Arabia — June 6 is Eid-el-Kabir

by Nathaniel Irobi
May 27, 2025
0

The authorities of the Kingdom of Saudi Arabia have announced sightings of the Dhul Hijjah crescent, marking the start of...

NAIC’s New CEO , Danfulani Pledges Rural-Focused Insurance Reforms

NAIC’s New CEO , Danfulani Pledges Rural-Focused Insurance Reforms

by Ojimaojo Abubakar
May 27, 2025
0

... vows expanded access and innovation The newly appointed Managing Director and Chief Executive Officer of the Nigerian Agricultural Insurance...

Recommended

Gov Sani Names New Commissioners, Bello Redeploy To Information Ministry

Gov Sani Names New Commissioners, Bello Redeploy To Information Ministry

6 days ago
Celebrating 2025 Children’s Day

Celebrating 2025 Children’s Day

1 day ago

Popular News

  • Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    0 shares
    Share 0 Tweet 0
  • Abuja Estate Firm Announces Customer Loyalty Rewards

    0 shares
    Share 0 Tweet 0
  • Christian Group Seeks Reversal of NBAIS Certificate Recognition

    0 shares
    Share 0 Tweet 0
  • Association Hails Works Minister, Urges Re-award Of Abandoned Road Projects

    0 shares
    Share 0 Tweet 0
  • Middle Belt Calls for Restoring Justice in Kaduna, Reversing El-Rufai’s Divisive Policies

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (713)
  • Education (213)
  • Entertainment (306)
  • Health (183)
  • National (2,048)
  • News (7,681)
  • Opinion (283)
  • Politics (1,560)
  • Science (15)
  • Security (403)
  • Sports (414)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform