THE price of Automotive Gas Oil, AGO, popularly known as diesel, has dropped by 20.6 per cent to N1,350 per litre in April 2024, from March 2024, as the Dangote Petroleum Refinery pumps Automotive Gas Oil, otherwise known as diesel to the domestic market.
Nigeria’s inflation and foreign exchange crisis had pushed the prices of the product, which was mostly imported from the global market to about N1,700 per litre in most parts of the nation, including Lagos and Abuja.
It was gathered that the price started to drop following the awareness that Dangote Petroleum Refinery has pegged its price at N1,225/litre.