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The refinery has described this decision as a strategic move expected to“this significant reduction in the price of diesel, at Dangote Petroleum Refinery, is expected to positively affect all the spheres of the economy and ultimately reduce the high inflation rate in the country.” During an interview with newsmen, the Executive Director of the Dangote Group, Devakumar Edwin, emphasized the refinery’s robust output capabilities.
This reduction follows a previous price cut three weeks ago when the refinery initially decreased its diesel price by over 30%, down from N1,600 to N1,200 per litre..
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