The Dangote Petroleum Refinery has clarified that its N940 per litre diesel price cut is only applicable to customers buying five million litres and above.
The Head of Communication of Dangote Refinery, Mr. Anthony Chiejina made the clarification through a statement on Tuesday, noting that N970 per litre is for customers buying one million and above.
Dangote Refinery made its third diesel price cut to N940 and N970 per litre, respectively.
The company had earlier announced two price cuts, which brought the price of diesel down to N1,000 per litre, from N1,600.
The entry of Dangote Refinery into the sale of Automotive Gas Oil (AGO) has impacted the West Africa oil & gas industry.
On May 22 last year, the 650,000 barrels per day crude oil refinery wasunveiled by former President Muhammadu Buhari.
However, the facility is yet to commence the sale of Premium Motor Spirit (PMS) also known as petrol.
Standard and Poor’s Global Commodities said Dangote Refinery will commence the sale of petrol in the fourth quarter of 2024.
