By Fatima Saka
Dangote Petroleum refinery has begun the sales of Automotive Gas Oil (AGO), known as diesel to marketers registered under it.
Distinct News reports that this development has led to a significant decrease in the pump price of diesel in some parts of the country, currently selling at N1,300 per litre as against the old price of approximately N1,700 per litre.
It was gathered that Oil marketers registered with the refinery have started buying the product in large quantities, with a minimum of one million litres sold to each marketer since the sales began.
According to officials from the Dangote plant and oil dealers, the price of diesel has been set between N1,225 and N1,300 per litre, varying with the volume purchased.
In addition to diesel, there is anticipation around the refinery’s plans to introduce Premium Motor Spirit (PMS), commonly known as petrol, into the domestic market by May this year.