In a move to provide relief to Nigerians, Dangote Petroleum Refinery has lowered the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol. Starting today, the price drops from ₦950 to ₦890 per litre.
This adjustment comes as a response to falling international crude oil prices and an improved global energy outlook. Dangote Refinery remains committed to ensuring fair pricing while supporting Nigerians in the face of fluctuating global oil markets.
Bringing Relief to Nigerians
The price reduction is expected to provide much-needed relief by making petrol more affordable nationwide. This should result in lower transportation costs, reduced prices for goods and services, and an overall decrease in the cost of living for millions of Nigerians.
“This is more than just a price cut – it’s about making life a little easier for everyone. By reducing the cost of petrol, we’re directly supporting households, businesses, and the economy at large,” said Anthony Chiejina, Group Chief Branding and Communications Officer at Dangote Petroleum Refinery.
Collaborating for a Better Economy
To ensure Nigerians fully benefit, Dangote Refinery has urged petrol marketers to reflect the reduced price in their pump sales. By working together, the aim is to make this positive change felt across the country.
This effort aligns with the government’s vision of building a self-sufficient Nigeria, championed by President Bola Ahmed Tinubu. The reduction not only strengthens economic recovery but also underscores Nigeria’s journey toward becoming a major player in the global oil and gas market.
A Shared Commitment to Progress
“This price reduction is part of our dedication to transparency, fairness, and supporting the nation’s development. We believe this change will create a ripple effect that benefits businesses, families, and the economy,” Chiejina added.
With this step, Dangote Refinery reaffirms its role in transforming Nigeria’s energy landscape, ensuring affordable and sustainable energy solutions for the future.
This reduction isn’t just about petrol, it’s about easing the pressures of daily life for Nigerians, one litre at a time.