Home Business Dangote offers 10-day credit facility to petrol dealers
Business

Dangote offers 10-day credit facility to petrol dealers

Share
Share



The Dangote Group has announced a 10-day credit facility backed by a bank guarantee for petrol station owners and dealers, alongside free direct delivery and other incentives, as part of a new supply arrangement.

The company disclosed this in a statement posted on its official X handle on Tuesday, inviting petrol station operators across the country to register to benefit from the offer.

According to the statement, participating dealers will enjoy “a 10-day credit facility backed by a bank guarantee,” with a minimum order requirement of 5,000 litres.

“Our free direct delivery service will commence soon,” the group said, adding that the offer is open to “all petrol station owners and dealers.”

The Dangote Group further called on operators to register their stations to access the supply arrangement.

“Register your petrol stations today to benefit from our competitive gantry price,” the statement read.

The company also disclosed that petrol supplied under the arrangement will be sold at a gantry price of ₦699 per litre.

For enquiries, the group provided the following contact numbers: 0802-347-0470, 0809-324-7070, 0809-324-7071 and 0203.

The announcement follows a recent petrol price adjustment by the Dangote Petroleum Refinery.

PUNCH Online earlier reported that the refinery reduced its ex-depot petrol price from ₦828 to ₦699 per litre, representing a ₦129 cut or a 15.58 per cent reduction.

An official of the refinery, who spoke to PUNCH Online on condition of anonymity, confirmed the adjustment, saying, “The refinery has reduced petrol gantry price to ₦699 per litre.”

The new price reportedly took effect on December 11, 2025, marking the 20th petrol price adjustment announced by the refinery this year.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

FERMA begins repairs on Ilorin–Ogbomoso highway

The Federal Roads Maintenance Agency has commenced rehabilitation works on the Ilorin–Ogbomoso...

Natasha demands highway reforms after Joshua’s accident

The lawmaker representing Kogi Central Senatorial District, Senator Natasha Akpoti-Uduaghan, on Tuesday...

Nigerian celebrity accidents: 6 stars who survived

Road accidents remain a frequent and deadly hazard on Nigerian highways, claiming...

Court Remands Ex-AGF Malami, Son, Wife in Kuje Prison

The Federal High Court In Abuja on Tuesday ordered the remand of...