By Bukola Kayode
The Dangote refinery has announced a downward review of its ex-gantry loading cost to N865 per litre.
The new price is a reduction of N15 from N880 per litre sold by the facility on Wednesday.
According to sources, the Lagos-based refinery notified its marketers and customers of the new pricing on Thursday.
Following the price drop, fuel stations such as MRS Oil & Gas, Ardova Plc, Heyden, and others with exclusive supply arrangements with the refinery are expected to lower their pump prices to around ₦910 per litre in response to the revised rate.
The reduction comes shortly after a meeting between officials from the Dangote Refinery and the Minister of Finance, Wale Edun, held on Tuesday.
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