• About
  • Privacy Policy
  • Contact
Sunday, October 26, 2025
No Result
View All Result
NEWSLETTER
Diplomatic Info
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Nigeria
  • Business
  • Politics
  • Security
  • Cover Story
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • Ghana
    • The Gambia
    • Cote D’Ivoire
    • Cabo Verde
    • Burkina Faso
    • Benin
  • Advertise
    • mail
No Result
View All Result
Diplomatic Info
No Result
View All Result
Home Business

Dangote Refinery cuts ex-depot price by N40 as more marketers join partnership deal

The Dangote Refinery, the largest single-train refinery in the world, continues to expand its domestic fuel distribution footprint

by Diplomatic Info
July 1, 2025
in Business, Nigeria
0
FG to commence crude oil sales in naira to Dangote refinery, others in October
0
SHARES
3
VIEWS
Facebook ShareShare on WhatsAppTweet it!

More independent marketers have joined the growing list of distributors retailing Dangote Refinery’s high-quality petroleum products across the country.

The development follows assurance of steady supply of petroleum products by the Dangote Refinery.

New marketers signed on the partnership deal with Dangote Refinery just as the Refinery management announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N880 to N840 per litre. The new pricing took effect on June 30, 2025.

Dangote Group’s spokesperson, Anthony Chiejina, confirmed the price adjustment in Lagos, stating “PMS price has been reduced from N880 to N840 per litre effective 30th June.”

The previous increase to N880 per litre followed global crude oil market volatility, particularly during the 12-day geopolitical crisis in the Middle East, which pushed crude oil prices to nearly $80 per barrel.

The refinery’s existing partners—MRS, Heyden, Ardova (AP), Hyde, Optima, and Techno Oil—are expected to reflect the new pricing at their retail outlets.

Additionally, several new marketing companies have joined Dangote’s distribution network. These include TotalEnergies, Garima Petroleum, Sunbeth Energies, Sobaz Nigeria Ltd., Virgin Forest Energy, Sixxco Oil Ltd., N.U. Synergy Ltd., and Soroman Nigeria Ltd. Others on the growing list are Jezco Oil Nigeria Ltd., Jengre, Cocean, Kifayat, Triumph Golden, Sifem Global, Riquest, and Mamu Oil, among others.

The Dangote Refinery, the largest single-train refinery in the world, continues to expand its domestic fuel distribution footprint, offering competitive pricing and improving access to refined products across Nigeria.

The refinery, recently, announced that it invested over N720 billion to implement its initiative of deploying 4,000 Compressed Natural Gas-powered trucks for the nationwide distribution of petroleum products, saying it is expected to save Nigerians over N1.7 trillion annually.

The management said the step would see the refinery absorb over N1.07 trillion annually in fuel distribution costs. The mega refinery added that initiative was also poised to significantly benefit over 42 million Micro, Small and Medium Enterprises (MSMEs) by reducing energy costs and enhancing profitability.

The initiative, which eliminates transportation costs for fuel marketers and large-scale consumers, is expected to help reduce pump prices and inflation.

The company earlier stated that from August 15, it would begin the direct delivery of petrol and diesel to filling stations, industrial facilities, and other high-volume consumers.

Diplomatic Info

Diplomatic Info

Next Post
Bauchi: MWAN inaugurates advocacy champions to tackle maternal mortality

Bauchi: MWAN inaugurates advocacy champions to tackle maternal mortality

Recommended

Nuclear watchdog raises alarm over missing uranium

Nuclear watchdog raises alarm over missing uranium

3 years ago
Tegina abduction: School, parents sell properties to raise ransom

Tegina abduction: School, parents sell properties to raise ransom

4 years ago

Popular News

  • After two years of SEC denial, Oando can finally hold AGM

    After two years of SEC denial, Oando can finally hold AGM

    0 shares
    Share 0 Tweet 0
  • Bats are hosts to a range of viruses but don’t get sick – why?

    0 shares
    Share 0 Tweet 0
  • SAPS Special Task Force member shot in Pretoria, 4 arrested

    0 shares
    Share 0 Tweet 0
  • In first calls to leaders, Biden speaks to Britain, Canada, Mexico

    0 shares
    Share 0 Tweet 0
  • 8 killed, 25 injured in Cameroonian bus crash

    0 shares
    Share 0 Tweet 0

Connect with us on Facebook

Subscribe to Our Newsletter

Enter your email now to join our community of readers, and get new contents straight to your inbox

We promise to not spam you

Thanks for joining in.

Category

  • Africa
  • Benin
  • Burkina Faso
  • Business
  • Cote D'Ivoire
  • Cover Story
  • Diplomacy
  • ECOWAS
  • Education
  • Embassy News and Info
  • Events
  • Ghana
  • Guinea
  • Guinea Bissau
  • International
  • Liberia
  • Mali
  • News
  • Niger
  • Nigeria
  • Politics
  • Programs
  • Security
  • Senegal
  • Sierra Leone
  • The Gambia
  • Togo
  • Uncategorized

Quick Links

  • About
  • Contact
  • Privacy Policy
  • Advertise

About Us

Providing strategic insights into important social, cultural, political, and economic factors that significantly influence business and nations, Diplomatic Info will examine these critical issues and provide strategies that create competitive advantages.

© 2025 Diplomatic Info - Proudly designed with Love from Talongeeks.

No Result
View All Result
  • Home
  • Diplomacy
  • Embassy News and Info
  • Events
  • Business
  • Politics
  • Security
  • News
  • Cover Story
  • Africa
  • ECOWAS
    • Togo
    • Sierra Leone
    • Senegal
    • Nigeria
    • Niger
    • Mali
    • Liberia
    • Guinea Bissau
    • Guinea
    • The Gambia
    • Cote D’Ivoire
    • Ghana
    • Cabo Verde
    • Benin
    • Burkina Faso
  • International
  • Contact

© 2025 Diplomatic Info - Proudly designed with Love from Talongeeks.