Dangote Refinery advertises reduced petrol price after Port Harcourt Refinery begins operation

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Dangote Refinery has sparked mixed reactions after releasing an advert on a reduced petrol price, coinciding with the commencement of operations at the Port Harcourt Refinery.
Recall that on November 24, the refinery announced a reduction in its ex-depot price of petrol to N970 per litre for oil marketers.
The company said the move was the refinery’s way of appreciating Nigerians “for their unwavering support in making the refinery a dream come true”.
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Announcement made in a statement issued by Tony Chiejina, the company’s spokesman, said marketers will no longer load the product in the old price.
Chiejina stated that Nigerians have stood with the company to ensure that its aim of making fuel available in the country is realised, promising uninterrupted supply of the products, adding that the issue of quality will not be compromised.
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He said, “Dangote Petroleum Refinery has effected a reduction in the prevailing price of its Premium Motor Spirit (PMS) from N990/litre to N970/litre for the marketers.
“As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true.
“In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being.
“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption, thus dispelling any fear of a shortfall in supply.”
On Tuesday, November 26, 2024, Port Harcourt Refinery, one of the four state-owned refineries kicked off operations after being moribund for years.
The development has sparked fresh hope for Nigeria’s oil and gas industry.
The commencement of crude oil processing at Port Harcourt Refinery has attracted jubilation among Nigerians.
This comes as the state-owned refinery kicked off operations on Tuesday, November 26, 2024, after being moribund for years.
The development has sparked fresh hope for Nigeria’s oil and gas industry.
The Nigerian National Petroleum Company Limited announced that the Port Harcourt Refinery is processing 60,000 barrels per day of crude oil.///

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