The Dangote Petroleum Refinery has commenced the sale of Automotive Gas Oil, popularly called diesel, to oil marketers nationwide.
Punch gathered dealers and officials of the plant confirmed this on Tuesday, as it was reported that the refinery commenced diesel sales last week.
The National President, of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, confirmed the report, stating some marketers testified to purchasing diesel from the refinery.
He said the move by Dangote would lead to a crash in diesel prices. He further emphasized the price reduction in some Lagos outlets.
“They started pumping out diesel to marketers last week. They also promised to sell aviation fuel soon. Some of my members confirmed this to me after making a purchase,” the National President, of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, told our correspondent.
“The price of diesel is going to fall because of the release of products from Dangote Refinery. It is already coming down in Lagos,” Maigandi stated.
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