The Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (PMS), widely known as petrol.
According to an official statement released via the refinery’s verified social media channels on Thursday, the new pump price now ranges from N875 to N905 per litre, marking a N15 cut per litre across the board.
Lagos residents will now pay N875 per litre, while those in other parts of the country will see varied rates depending on their region. The new price regime applies to major fuel marketers in partnership with the refinery, including MRS, Ardova, Heyden, Optima Energy, Techno Oil, and Hyde Energy.Regional Breakdown of Revised Prices:
Lagos: N875
South-West: N885.
South-South and South-East: N905
North-West & North-Central: N895
North-East: N905
Dangote Refinery emphasized that its petroleum products are not only cost-efficient but also high in quality and environmentally friendly.
“Our quality petrol and diesel are refined for better engine performance and are environmentally friendly,” the company noted.
The reduction comes amid persistent calls for a downward review of fuel prices following recent stability in global oil markets and increased local refining capacity.
