The Dangote Petroleum Refinery and Petrochemicals has reduced the ex-depot price of petrol to N865 per litre.
The company disclosed its price slash to its marketers and customers today April 10.
An official from the refinery confirmed the price adjustment from N880 to N865 per litre.
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 N910 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, April 10.