The Dangote Petroleum Refinery has further reduced its selling price of the premium motor spirit (PMS) or petrol. This fresh reduction in the pump price ranges from N875 to N905 per litre, across the country.
According to a statement shared through a pricing table, the new retail prices apply at the pumps of Dangote’s distribution partners across Nigeria, including MRS, Ardova Plc (AP), Heyden, Optima Energy, TechnoOil, and Hyde.
In Lagos, petrol will now sell for N875 per litre across all listed outlets. In the South-West region, the price is slightly higher at N885, while Northern regions see further variation, with N895 in the North-West and Central, and N905 in the North-East. The South-South and South-East also maintain a uniform price of N905 per litre.
The refinery urged consumers to report any instances of non-compliance to dedicated hotlines, assuring the public of its commitment to quality and affordable fuel nationwide.
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In the earlier pricing template, Lagos residents paid N890 per litre, while prices rose to N920 in the North East and South-South regions.
“Our quality petrol and diesel are refined for better engine performance and are environmentally friendly,” the company said in the pricing template share on its social media handle.
Earlier in the week, the company, in a statement signed by its Group Chief Branding and Communications Officer, Anthony Chiejina, had assured of a stable petrol price despite the fluctuation in crude oil prices.
The firm attributed the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian economy and alleviating the burden on consumers from the increase in fuel prices by maintaining price stability.