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By Anthony Maliki, Abuja
Dangote Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS) from N865 to N835 effective from Wednesday April 16, 2025, the second of such downward review in two weeks.
The high-quality Dangote petrol will be available at MRS, AP (Ardova), Heyden, Optima Energy, Hyde and Tecno Oil outlets in Lagos at N890 from N920 per litre while in the South-west it will sell for N900 from N930.
In the North-West and North-Central regions, PMS will go for N910 from N940 and will sell for N920 from N950 in South-East, South-South and North-East.
According to a statement by Group Chief Branding and Communication Officer, Anthony Chiejina, in Dangote Group official X handle, the price reduction reaffirms the organization’s commitment to providing high-quality petrol at affordable rates, benefitting consumers across the nation.
The statement stressed that Dangote Petroleum Refinery was consistently working to reduce the prices of petrol and other refined petroleum products, ensuring the continued benefit of Nigerian consumers.
For instance, in February, 2025, the refinery reduced prices twice by N125.
In addition, products such as diesel and Liquified Petroleum Gas (LPG) have also experienced significant price reductions due to the refinery’s sustained efforts.
“We anticipate that this latest reduction in PMS prices will generate a positive ripple effect throughout various sectors of the economy, providing much-needed relief to consumers and contributing to broader economic growth, particularly during Easter season,” the statement stressed.
It pointed out that Dangote Petroleum Refinery remains steadfast in its commitment to ensuring a steady supply of premium-quality petroleum products, with sufficient reserves to meet domestic demand, along with a surplus for export.
“This strategy is designed to support the stability of the domestic market while also contributing to the growth of Nigeria’s foreign exchange reserves,” the statement buttressed.
Besides, Dangote Petroleum Refinery called on industry stakeholders, including marketers and distributors, to continue sourcing their products from the refinery, ensuring that the benefits of these price reductions are fully realised across the country.
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