Dangote Refinery Drops PMS To ₦1,165/Litre, Diesel To ₦1,570/Litre
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Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel).
Under the new pricing structure, it reduced the ex-depot price of PMS to ₦1,165 per litre, down from ₦1,215 per litre, representing a reduction of ₦50 per litre.
Similarly, the ex-depot price of diesel has been reduced to ₦1,570 per litre from ₦1,650 per litre, amounting to a decrease of ₦80 per litre.
The Dangote Refinery said that the price review reflects ongoing efforts to enhance energy affordability, improve access to refined petroleum products, and support economic activities across Nigeria.
“As Africa’s largest refinery, Dangote Petroleum Refinery continues to play a pivotal role in strengthening Nigeria’s energy security, reducing reliance on imports, and supporting the nation’s economic development through the supply of world-class petroleum products, it stated.
The company reaffirmed its dedication to contributing to the growth of the Nigerian economy and passing on the benefits of improved operational efficiencies to consumers whenever market conditions permit.
