Dangote Refinery Reduces Fuel Price

Dangote Petroleum Refinery & Petrochemicals has reduced the price of aviation fuel (Jet A1) to N1,650 per liter from N1,750 per liter, in a move aimed at easing cost pressures on airlines and ensuring uninterrupted fuel supply across the country.

The price adjustment was contained in a statement to DAILY POST on Monday.

This is in addition to a 30-day interest-free credit facility backed by bank guarantees (BG) for marketers and airline operators and a shift from a dollar-denominated pricing structure to….....>>>