Dangote refinery has announced a reduction in the price of his fuel to N865 following a drop in the price of crude oil in the global market.

 

The new reduction is a N15 downward review from N880 per litre sold by the refinery on Wednesday. The new price was communicated to marketers in a notice sent out on Thursday morning.

 

The reduction also follows the latest directive by the Federal Executive Council that the NNPC should implement to the full the naira-for-crude agreement with the refinery and other local refineries.