Dangote Refinery Reduces Petrol Price To N899.50

Dangote Refinery has reduced the price for their Premium Motor Spirit (PMS) Petrol price again.

This was confirmed in a statement by its spokesperson, Anthony Chijiena, released on their official X account on Thursday.

Dangote has reduced its petrol ex-depot price to N899.50 per litre from N970.

“Now announced a new price of N899.50 per litre. This reduction is designed to ease transport costs during the festive period.

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“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on PMS. From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM.

“Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank,” said Chiejina.

This comes after the company in November reduced petrol prices to N970 per litre.

In the past days, the Nigerian National Petroleum Company Limited and oil marketers had also reduced petrol prices in their retail outlets.