Just days after announcing a reduction in the price of petrol, the Dangote Petroleum Refinery has reduced the prices of diesel and aviation fuel at its loading gantry.
The refinery reportedly slashed the price of Automotive Gas Oil otherwise known as diesel by ₦100 per litre.
Punch reports that the product which used to sell at ₦1,700 per litre now sells for ₦1,600 per litre.
Aviation Turbine Kerosene (Jet Fuel) also recorded a reduction of ₦100, from ₦1,550 per litre to ₦1,450 per litre.
The adjustment came after the refinery announced a N75 reduction in the price of Premium Motor Spirit, popularly known as petrol, at the gantry.
Petrol was slashed from ₦1,250 per litre to ₦1,175 per litre.
The price cuts are seen as a result of the fall in crude prices worldwide in recent days after a relaxation of tensions in the Middle East.
Also, marketers of petroleum products have said the pump price of Premium Motor Spirit, popularly called petrol, may fall to about ₦1,200 per litre following a reduction in ex-depot prices led by the Dangote Petroleum Refinery.
Other depot owners have also adjusted their prices to about ₦1,180 per litre following the reduction, according to Petroleumprice.ng.
However, filling stations have not yet passed the cut at the pump as many outlets were still selling petrol at about ₦1,280 per litre on Tuesday.
Marketers said the delay was to clear old stock bought at higher prices.
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