In a significant move poised to ease fuel cost pressures across Nigeria, the Dangote Petroleum Refinery has officially announced a reduction in the pump price of Premium Motor Spirit (PMS), commonly known as petrol. This nationwide adjustment, rolled out through the refinery’s accredited retail partners, reflects the company’s continued efforts to stabilise energy costs and enhance public access to cleaner, high-quality fuel.
New Prices by Region and Retail Outlet
Motorists can now buy PMS at the newly revised prices per litre nationwide.
| Retail Outlet | Lagos | South-West | North-East | North-West & Central | South-South & East |
|---|---|---|---|---|---|
| MRS | ₦875 | ₦885 | ₦905 | ₦895 | ₦905 |
| Ardova (AP) | ₦875 | ₦885 | ₦905 | ₦895 | ₦905 |
| Heyden | ₦875 | ₦885 | ₦905 | ₦895 | ₦905 |
| Optima Energy | ₦875 | ₦885 | ₦905 | ₦895 | ₦905 |
| Techno Oil | ₦875 | ₦885 | ₦905 | ₦895 | ₦905 |
| Hyde Energy | ₦875 | ₦885 | ₦905 | ₦895 | ₦905 |
This structured pricing provides uniformity and transparency, eliminating ambiguity around fuel costs in different geopolitical zones.
Commitment to Quality and Sustainability Across Nigeria
This consumer-first initiative aims to uphold transparency, ensure pricing fairness, and strengthen public trust in Dangote’s supply chain network. Furthermore, the company states that it refines its petrol and diesel to superior standards to promote environmental friendliness and enhance engine performance.
Ensuring Compliance and Accountability Across Nigeria
The refinery has also activated consumer protection measures. Motorists who encounter retail outlets charging prices above the stated pump rates are encouraged to report non-compliance via the official phone numbers:
+234 707 470 2099, +234 707 470 2100.
Economic Impact and Sector Implications
This price reduction will drive positive ripple effects across the economy by lowering transportation costs, easing inflationary pressures, and boosting business confidence. It aligns with recent calls by stakeholders for local refineries to cushion the impact of global oil price volatility on domestic fuel prices.