Dangote Refinery reduces ex-depot petrol price to N825/litre

Aliko Dangote

• Reduction is as a result of giving essential relief to Nigerians.

Dangote Refinery has announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from N890 to N825 per litre.

This was disclosed on Wednesday by the management of the refinery.

According to the refinery, the price adjustment was designed to provide essential relief to Nigerians in anticipation of the upcoming Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.

Recall that the Dangote Refinery, during Yuletide in December 2024, reduced the price of PMS by N70.50, from N970 to N899.50 per litre.

According to the Refinery, MRS Holdings stations, its retail partner, will sell for N860 per litre in Lagos, N870 per litre in the South-West, N880 per litre in the North, and N890 per litre in the South-South and South-East, respectively.