Diesel price drops by 20.6% as Dangote Refinery floods domestic market - NEWS FRONTIER DAILY

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    Wednesday, April 3, 2024

    Home News Diesel price drops by 20.6% as Dangote Refinery floods domestic market

    Diesel price drops by 20.6% as Dangote Refinery floods domestic market







    The price of Automotive Gas Oil, AGO, popularly known as diesel, has dropped by 20.6 per cent to N1,350 per litre in April 2024, from March 2024, as the Dangote Petroleum Refinery pumps Automotive Gas Oil, otherwise known as to the domestic market.

    Nigeria’s inflation and foreign exchange crisis had pushed the prices of the product, which was mostly imported from the global market to about N1,700 per litre in most parts of the nation, including Lagos and Abuja.


    There was indication that the price started to drop following the awareness that Dangote Petroleum Refinery has pegged its price at N1,225/litre.

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    NEWSFRONTIER is a product of a dedicated and seasoned Journalist who has cut his teeth in the Media industry. The Publisher was once a teacher, and a public commentator. He was well grounded in community journalism. He had edited many Newspapers both local and international. The focus of NEWSFRONTIER is to inform, educate, entertain and above all be source of credible news source for the opinion moulders and the general public. We are assuring all our readers/audience that we are going to be objective, concise, and be guided by our conscience by looking at every information and data from all angles. Journalism is evolving daily, we will move with time, but not be swayed with tide.