Relief For Nigerians As Dangote Crashes Diesel Price To N1,000 Per Litre

It a big relief for Nigerians in the face of the present hardship in the country caused by the fuel subsidy removal as Dangote Petroleum Refinery has made an unprecedented announcement of further reducing the price of diesel from 1200 to 1000 naira per litre.

Three weeks ago, the refinery supplied the product at a significantly reduced price of N1,200 per litre, which represented over a 30% reduction from the previous market price of approximately N1,600 per litre.

READ ALSO: Hardship: Egunjobi Empowers 100 Residents With N100k Grant Each

This recent reduction in diesel prices at Dangote Petroleum Refinery is expected to have a positive impact on all sectors of the economy and ultimately reduce the high inflation rate in the country.