Dangote refinery has informed marketers and its customers of a downward review of its ex-gantry loading cost to N865 per litre.
The Independent mirror reports that the new price is a reduction of N15 from N880 per litre sold by the facility on Wednesday.
Punch correspondent gathered that the refinery informed its customers in a notice sent out on Thursday morning.
A Pro forma invoice was sighted by our correspondent and checks into petroleumprice.ng also confirmed the development.
Recall that marketers had exclusively informed our correspondent that the 650,000 barrels refinery was anticipated to lower its petrol loading costs by the end of this week, further contributing to the reduction in fuel prices.
The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, reassured the public of the price drop while commenting on the Federal Executive Council’s directive regarding the naira-for-crude agreement.
On Wednesday, the Federal Executive Council, after an initial delay, directed the full implementation of the suspended Naira-for-Crude agreement with local refiners.
