Dangote Petroleum Refinery has, announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00.
This means the price will drop from N890 to N825 per litre, effective Thursday, February 27, 2025.
According to Dangote, this adjustment is designed to provide essential relief to Nigerians ahead of the Ramadan season.
A statement signed by the Management said: “Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit (PMS), commonly referred to as petrol, by N65.00, from N890 to N825 per litre, effective from 27th February 2025.
“This strategic price adjustment is 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.