The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, to ₦970 per litre for oil marketers.
This move is a ₦20 reduction from the refinery’s previous ex-depot price of ₦990 per litre.
According to Anthony Chiejina, the refinery’s Chief Branding and Communications Officer, the price reduction is a gesture of appreciation for Nigerians’ support in making the refinery a reality.
The company also expressed gratitude to the government for its support, stating that the move would complement measures to encourage domestic enterprise.
The refinery assured that it would maintain the quality of its petroleum products, which are environmentally friendly and sustainable.
The company is committed to increasing production to meet domestic fuel consumption and alleviate fears of a supply shortfall.