The Dangote Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), or petrol, to ₦970 per litre, down from ₦990 per litre.
This decision was shared in a statement by the refinery’s Chief Branding and Communications Officer, Anthony Chiejina, on November 24, 2024.
The move is described as a gesture of gratitude to Nigerians for their support during the refinery’s journey to becoming operational.
The company assured consumers that the quality of its petroleum products would remain uncompromised and emphasized its commitment to ramping up production to meet and exceed domestic fuel demands.
This reduction comes amid retail petrol prices in Nigeria ranging between ₦1,060 and ₦1,115 per litre at filling stations.
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