DANGOTE SLASHES PETROL PRICE TO ₦899 PER LITRE IN CHRISTMAS GIFT TO NIGERIANS

In a surprise move, the Dangote Group has announced a significant reduction in the price of petrol, slashing it to ₦899 per litre. This development is expected to bring relief to Nigerians ahead of the holiday season, easing transport costs during the festive period.

A Christmas Gift to Nigerians

The price reduction is seen as a Christmas gift to Nigerians, who have been grappling with high fuel prices in recent times. The move is also expected to stimulate economic growth, as reduced transport costs will have a positive impact on businesses and individuals alike.

Special Promotion for Consumers

As an added incentive, Dangote Petroleum Refinery is offering a special promotion where consumers can purchase an additional litre of fuel on credit for every litre bought on a cash basis. This offer is backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.

End of Substandard Imported Products

The refinery’s operations are expected to mark the end of Nigeria being a dumping ground for substandard and blended imported products, which have posed significant risks to human health, machinery, and the environment.

Industry Reactions

Industry stakeholders have welcomed the price reduction, describing it as a bold move that will have far-reaching benefits for the Nigerian economy. “This is a game-changer for our industry,” said a stakeholder. “We commend Dangote for taking this bold step, which will undoubtedly bring relief to Nigerians.”

Public Reaction

While some users have expressed skepticism about the price slash, questioning the sustainability of this offer and the potential impact on commercial drivers passing on the savings to passengers, many Nigerians have taken to social media to express their gratitude to Dangote for the price reduction.

CONCLUSION

The Dangote Group’s decision to slash petrol prices to ₦899 per litre is a welcome development that will bring relief to Nigerians ahead of the holiday season. As the country’s economy continues to evolve, this move is expected to stimulate growth and have a positive impact on businesses and individuals alike.