THE $20 billion Dangota petroleum refinery has slashed the price of diesel by 16.6 per cent to N1,000 per litre, from N1, 200 per litre in order to assist in impacting Nigeria’s domestic economy.

The price of diesel was relatively high for months, due mainly to the importation of the product from the global market and foreign exchange crisis associated with it.

But in a statement obtained by Vanguard today, the company, stated: “In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.