Dangote said the price reduction is expected to have a ripple effect on all the spheres of the economy and reduce the ballooning inflation rate. Dangote Petroleum Refinery has crashed the pump price of Automotive Gas Oil, popularly called diesel, from ₦1,200 to ₦1,000 per litre.The company announced the price reduction in a statement by its spokesperson,Nduka Chiejina, on the night of Tuesday, April 16, 2024. The refinery had adopted a substantial price cut when it rolled out the products at ₦1,200 per litre three weeks ago, representing over 30% reduction from the previous market price of abo…