Again, the Dangote Refinery on Thursday announced a fresh cut in the pump price of petrol nationwide, lowering the fuel by about N15 per litre.
In the latest development posted on its social media handles, the management of the 650,000 barrels per day facility, indicated that prices will now range from between N875 to N905 per litre, depending on location in the country.
The refinery reiterated its partnership with some filling stations, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy, urging Nigerians to buy the cheapest and highest quality products across the country.
In the new template, motorists in Lagos will no longer pay N890 per litre, but will in the meantime buy the product for N875, while the North-east and South-south will pay N905 per litre, instead of the N920 they paid hitherto.
Other South-west states will pay N885 per litre, the refinery said, while the North-west and Central will pay N895, urging its customers nationwide to purchase fuel only from its partner outlets.
“Our quality petrol and diesel are refined for better engine performance and are environmentally friendly,” the company boasted.
Earlier, the management of the facility had praised the federal government’s naira-for-crude policy for helping tame prices, affirming that the prices of petrol will continue to remain affordable and stable.
Meanwhile, the Dangote Petroleum Refinery & Petrochemicals has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote Polypropylene to global markets outside Nigeria and Africa.
The Group Chief Branding and Communications Officer of the company, Anthony Chiejina, said in a statement that the strategic agreement coincided with the launch of polypropylene production at the Dangote’s refinery and petrochemical complex in Lekki, Lagos.
Polypropylene is usually deployed by manufacturers in packaging, automotive parts, textiles, construction materials and medical devices as a result of its durability, chemical resistance, and lightweight properties.
Chiejina said the plant utilises proven technology to produce high-quality polypropylene grades for a wide range of applications in industries such as packaging, automotive, textiles, and construction.
“We’re pleased to partner with Vinmar to introduce Dangote Polypropylene to the global markets. Dangote Polypropylene will follow other Dangote products to become a global brand known for quality and reliability,” the Group Executive Director (Commercial), Dangote Group, Fatima Aliko Dangote, was quoted as saying.
Besides, Chief Executive of Vinmar Group, Vishal Goradia, stated that the company has been a valued customer of the Dangote group in Nigeria for decades.
“We are proud to expand our relationship with Dangote through this important partnership. Vinmar has been honoured to count Dangote as a valued customer in Nigeria for decades, and we are thrilled to now support the global launch of Dangote Polypropylene,” he stressed.
According to the statement, the $2 billion petrochemical plant, is designed to produce 77 grades of polypropylene, with an annual capacity of 900,000 metric tonnes and an expected turnover of $1.2 billion.
“The facility is positioned to meet growing demand in plastic processing industries globally. Established in 1978, Vinmar is a global leader in the marketing and distribution of petrochemicals, employing over 1,500 people across 58 offices worldwide, and serving customers in more than 110 countries,” the company added.
Emmanuel Addeh
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